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> How long would the Ivy-league schools maintain those huge endowments if most spots were taken by students from poor background? Pretty long, I’d wager. The
by stephencanon 14y ago
> How long would the Ivy-league schools maintain those huge endowments if most spots were taken by students from poor background?
Pretty long, I’d wager. The endowments weren’t built on tuition, they were built on alumni giving. One might hope that formerly poor students would be more likely to give generously as wealthy alumni.