> At Harvard, 28% of students receive no aid at all. So they pay full sticker price. And legacies pay well above sticker price, when you count family donations

> At Harvard, 28% of students receive no aid at all. So they pay full sticker price. And legacies pay well above sticker price, when you count family donations. Which is why legacies are a thing. The other reason legacies are a thing is because when you send your first gen Ivy kid to an Ivy, the dream is that they're going to move in those social circles for the rest of their lives. Doesn't work without legacies.