Subsidizing Students
The Americans believe that everyone should get equal opportunities. Whether you use or squander those opportunities decides your outcome; and that’s that. The system doesn’t owe or guarantee you success. Of course, even the Americans haven’t managed to implement that. College education is expensive; which is why most students (including Americans) need scholarships. Now deciding who should get a scholarship isn’t easy: the difficulty of identifying the most meritorious kid is obvious (it is so subjective and how much time can you spend with each kid to even and try guess anyway?). So some groups decide to base it on money, money that the kid (or his parents) has. And contrary to what you might expect, many of these groups give scholarships to the relatively richer ones (middle class instead of poor). Why? Jordan Weissmann in The Atlantic : “"After all," Burd writes, "it's more profitable for schools to provide four scholarships of $5,000 each to induce afflue