I agree with you there. I am part of the problem. I would gladly pay twice as much, so schools could literally double their tuition.
Not everyone is like me. The elite schools want the best more than the highest tuition. If they start losing poor, but great students, they have and will start figuring out ways to get those students in. That goes for great middle class students. It does not go for just good students who cannot pay a fortune.
The elite schools literally look at the amount you can pay, plus the amount you can borrow, and that is the amount they will charge you. Not a penny more, and not a penny less. The sliding scale sounds great, it gives everyone access, until you realize it maxes out what almost everyone has to pay. Obviously, if your family is truly rich, they will not charge you billions to go to their school, but everyone else has to pay the maximum they can.
On a meta policy basis, I see a real problem with that. On a personal basis, I say where do I have to pay, and will you accept a blank check.
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