There's a ton of smart, poor kids out there. You can easily double the number that you accept at a school like vassar and not compromise your academic standards. The reality is as if you take a talented, low income kid, you've got to offer significantly more financial aid. Every dollar that you spend on financial aid is a dollar that you don't have to spend on something else. And that is, mately, the real challenge.
Bowdoin College and Vassar College are two elite private schools that compete for the same students. But one of those schools is trying hard to address the problem of rich and poor in American society—and paying a high price. The other is making that problem worse—and reaping rewards as a result.
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