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#1 is essentially third-degree price discrimination. College tuition is effectively "sliding scale" with wealthiest students pay full sticker price and poor stu

• waps 12y ago
  You forget that most wealthy people do not have a "direct" income and have the ability to redirect tax obligations. So, like in Europe, most wealthy students have a very strong case that they're really poor : just look at their tax statements, nothing on there. Never mind the BMW. (In Europe anyone who is a kid of a company director or some such who is paid mostly in options or company shares to a "management company" effectively earns nothing. Sometimes their income is a loan with the management company as collateral. This enables them to get a full scholarship financial aid for their kids university education)
  • muzz 12y ago
    You seem to not know that assets, not just income, are used in the determination
    • waps 12y ago
      And hiding assets from trivial privatized checks is hard ?
      • muzz 12y ago
        so that would imply that college is then made affordable to both low income students and wealthy students alike since they can hide their assets. what a bonanza!
        • TheCoelacanth 12y ago
          It ends up getting paid for by the middle class who aren't as able to hide their income and assets.