<p>@lookingforward - I appreciate your input, but please do not state things that I am not saying. You state," But it is too simple to say there is some financially driven push to accept more rich kids." Where in the world did I ever say that? No where. I took no distinction on the SES of students. Without the empirical hard numbers, I could not make a judgement, which SES of students were being hurt. </p>
<p>In a nutshell, all I have been saying is the basic law of economics at work, which is, “…someone has to make decisions on who pays what and how much…” And if a school wants to increase this via its endowment, the law of economics is still at work. Why? Because they have the money; just have to switch columns on the spreadsheet. </p>
<p>Ivies are not the rule; they are the quintessential exception. 99+% of schools do not have the resources of the Ivies per student body capita. We know that because even GW could not come up with more; thus its policy, and they go caught lying about it. Well, if not lying, not being clear what their statements really meant when they knew people were misinterprepting. The misinterpretation was working in their favor in terms of increasing applicant number.</p>