Colleges seek wealthy students to pay for diversity and more HDTVs

by Grace

Colleges engage in “massive price discrimination” as a way to achieve diversity.

… universities try to charge what the traffic will bear, engaging in massive price discrimination, favoring some students (poorer ones, extremely bright ones, those with preferred skin colors) more than others (more affluent, less bright kids, those whose skin color is less desirable).

A big part of enrollment management is finding enough wealthy applicants who will be able to subsidize their fellow students.  Here’s a success story.

MIDDLETOWN, CT—After carefully scrutinizing the application of high school senior Erica Allson, admissions officers at Wesleyan University confirmed Monday that the 18-year-old was the ideal candidate to subsidize the tuition and fees of three lower-income students. “Erica is truly a perfect fit for us: Not only does she show sufficient academic potential, but her parents are two highly successful professionals capable of paying the school’s annual $47,000 in tuition plus $13,000 in room and board in their entirety,” assistant admissions director Stacey Wright said, adding that she was left in awe after reading Allson’s near flawless income disclosure form. “With the money she’ll bring to campus, we can easily admit several less-well-off students, which will help us project our desired image as a highly progressive and inclusive institution, plus we’ll still have some extra left over to add HDTVs to the dining hall and install a rock-climbing wall in the freshman dorms. It’s all about striking the right balance with our student body.” At press time, administrators confirmed that they had also just admitted a social activist whose contributions to the community would offset the reputations of three football recruits.

In case it isn’t sufficiently obvious, this fictional news story comes from The Onion.

Glenn Reynolds has it right:

… One of the weirdest things about the past few years is the way The Onion has gone from a parody site to hard-news. . . .

Related:  College costs – sticker price vs. net price (Cost of College)

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