The Resident: Rich kids now eating your financial aid



Stephen Burd of the New America Foundation recently conducted a study, which revealed compelling evidence that points to colleges using Pell Grant money to supplant aid for needy students and then shifting aid money to programs to lure in rich kids. There is also a new trend among the US' best schools to create fancy food programs to lure wealthy kids to enroll. The evidence points to rich kids now eating poor kids' financial aid.

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