I’m not complaining about anything. I’m just answering the question. The question was “will more and more colleges shift their available scholarships from merit aid to more need based aid?”
My point was that schools are moving towards need based aid vs merit because they have to. It’s math and graphs. Tuition inflation is and has been greater than income inflation. To make-up the difference either need FA or merit or both will need to be increased if tuition inflation keeps outpacing income inflation. The overall money bucket is only so big. Money from the scholarship bucket will probably shrink as money from the need bucket will increase.
If income and tuition had increased at the same rate we wouldn’t have the $1.6 Trillion student debt issue.
The first part of the question said “because of diversity and inclusion”. That sounds nice but it’s really because of money, not kindness. It sounds better than “because our tuition costs have grown way faster than your salary”.
Lots of articles and graphs but this one is pretty good even if a few years old.