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Friday, November 20, 2020

Rich College, Poor College

Many blog posts have discussed inequality in higher education, as well as elementary and secondary education.

Nick Hillman has a report at Third Way titled "Why Rich Colleges Get Richer & Poor Colleges Get Poorer: The Case for Equity-Based Funding in Higher Education"

Much like America’s household income inequality, American colleges and universities are deeply unequal when it comes to their finances. A small handful of colleges hold the vast majority of wealth and financial resources—and these colleges enroll far too few low-income students and students of color Meanwhile, the colleges enrolling the majority of the nation’s low-income students and students of color too often have the fewest financial resources. The divide is stark and, if left unaddressed, will only get worse, with rich colleges getting richer and poor colleges getting poorer.