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May 13, 2013 09:00 pm PDT

American private universities use poor kids' tuition to subsidize rich kids'degrees

In The Atlantic, Jordan Weissmann does a very good job of summing up the New America Foundation's important new report, Undermining Pell: How Colleges Compete for Wealthy Students and Leave the Low-Income Behind [PDF], by Stephen Burd. The report documents how private universities in America have raised the cost of tuition to incredible heights, and [...]



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