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> if the intent of legacies is raising money Precisely. It is the same reason that they give special consideration to the children of large donors. (The main
by musicale 3y ago
> if the intent of legacies is raising money
Precisely.
It is the same reason that they give special consideration to the children of large donors. (The main reason universities objected to recent admissions bribery schemes is that they sidestepped the official system and the money did not go directly into the university's coffers.)
And it's why they engage in price discrimination based on "ability to pay."
As has been noted elsewhere, universities - especially elite universities - are ruthless capitalists.