<p>The point is that tuition rates for millionaires (and many others) are far, far too low, and I resent being asked to contribute to the alumni fund under the ruse that it will be used for scholarships for poor kids. They don’t need it for that, and in fact, don’t use it that way. If they raised the price to cover the cost of attendance, they then could use the surplus to support middle class kids who couldn’t afford it, or use it for other educational purposes. Precisely what “educational” benefit accrues to ANYONE from subsidizing the education of someone who doesn’t need the subsidy?</p>
<p>I actually don’t mind subsidizing the millionaires’ kids; what I resent is the lack of tranparency.</p>