3 ms·
If you contribute $5,000,000 to Harvard or MIT, the marginal number of students from lower-middle-class and down backgrounds that would be admitted over the nex
by danielweber 13y ago
If you contribute $5,000,000 to Harvard or MIT, the marginal number of students from lower-middle-class and down backgrounds that would be admitted over the next 10 years would change by 0. They are already need-blind.
There are other valid reasons to donate to a university, but the really big names aren't going to start recruiting more poor kids if they only had a little more money.
- mkbhd 13y agoAgree completely. At the margin, $5m won't make a difference, just like at the margin donating $10 to cancer research won't make a difference. But that $5m check along with many other checks does make a difference - both in helping these school achieve even higher levels of excellence and in their ability to fund poor and middle class student tuition.