<p>Yes, I think Weisbuch’s heart is in the right place. Here is another excerpt from a Chronicle (5/06) article. (Would someone please tell me how to make those quote boxes?) In this piece he’s a little more explicit re: what he means, but only just a little:</p>
<p>“But isn’t merit great? Depends on who and how you define it. Merit doesn’t make me very happy when it means that students have a 1-in-2 chance of earning a B.A. by age 24 if their family makes $90,000 a year or more; a 1-in-4 chance if their family earns $61,000 to $90,000; and less than 6 percent if their family income is lower than $35,000.”</p>
<p>Obviously, many of us would like to see all kinds of financial aid (and support services) directed toward that last group. But what about the second group he mentions? We fall in the lower end of that $61-90K group; and, having worked hard in school (public), my D is very well prepared. What does Weisbuch have to say about merit aid to this group? It’s really not clear, is it? </p>
<p>Here’s more. Note that here he refers to “kids with less financial need” – not the wealthy!</p>
<p>"What are the motives for a behavior that seems designed to encourage social strife and to undermine any true notion of merit? The answers are at once pragmatic and short-sighted. Faculty members naturally want better-prepared students, though they are not quite willing to admit that that means fewer students from disadvantaged circumstances.</p>
<p>Then, too, in future years, alumni from wealthy families will provide more and larger gifts after graduation. SAT means and medians rise when you provide more money to kids who score better, who also are usually kids with less financial need – and who, I would add, have traveled much less distance to get to their present level of achievement." </p>
<p>Let’s go back to those top LAC’s that base financial aid strictly on need as defined by the FAFSA, etc that I mentioned earlier… Again, my kid could (and did) get into some of those schools; but she/we would have had to incur a huge debt. At those schools, I think that it may be the middle category that suffers the most because of the lack of merit aid. This is an issue that comes up again and again on CC.</p>
<p>So I’d like to see more clarity on this issue. It’s not enough to simply refer to “the merit aid scam”. How are kids like mine and Debrun’s supposed to feel about that? </p>
<p>Also, I’m gonna go out on a limb here and say that I still think it’s OK (and even desirable) for a college to dedicate PART of its financial aid budget to attracting students with certain desired characteristics. Strategically speaking, schools like Drew absolutely MUST do that to enhance their reputations. </p>
<p>To his credit, Weisbuch really has made a major commitment to racial and ethnic diversity. One could see that in the administrators sharing the dais with him at Convocation. In addition, as the NJ.com article says, 20% of Drew’s incoming class are members of racial/ethnic minorities. That’s very cool on both counts!</p>