Why do wealthy college students get more financial aid? - MarketWatch
▻https://www.nerdwallet.com/blog/loans/student-loans/why-rich-students-get-more-financial-aid-than-poor-ones
It’s a race for #prestige, says Martin Van Der Werf, associate director of editorial and postsecondary policy at the Georgetown University Center on Education and the Workforce.
“Better prepared students, higher graduation rates and a better chance of attracting students who will later give back to the college — that’s the reward system that’s in place,” says Van Der Werf, adding that there’s no similar reward system for helping low-income students.