What should colleges do to manage the increase in apps?

ucbalumnus
Mon, 26 Apr 2021 23:42:49 +0000

BKSquared:

This is not difficult math. The distribution of FA is just different. Say there are 100 students and 52 got aid in 2013, 11 being Pell and 100 students with 53 getting aid in 2019, 20 being Pell.

Since Pell is about the bottom half of the household income distribution, and no financial aid is about the top 4% of the household income distribution, the above would mean that the college in question gets 47% from the top 4%, 20% from the bottom 50%, and 33% from the top 50% excluding the top 4%.