<p>"In this vein, I am glad to see Chicago has been able to limit its merit funds to, “20 full tuition rides… and about 100, $10k/yr. rides,” since merit aid again correlates highly with family income. "</p>
<p>chicagoalum, I agree. We are on financial aid, and would like to have more … but the fact of the matter is that we can (sort of) manage it (with loans and some serious budget cutting). I do not like the dilution of needs-based aid for those who truly cannot afford it to benefit those who can.</p>