According to a New York Times story running today, “many colleges are looking more favorably on wealthier applicants as they make their admissions decisions this year.” Colleges across the US have begun downsizing their administrations and school budgets in line with the economic climate, but financial aid has long been considered a safe haven. The past decade has witnessed an increase in “need-blind” aid by colleges in the effort to attract the most diverse student body. However, the current economic decline is driving more families than ever to request financial aid. Something has to give.
Panel of Experts
Karl Schellscheidt
SAT Prep Expert
- BSE, Princeton University '90
- M.A., Secondary Education Seton Hall University '93
- J.D., University of Pennsylvania Law School '00
Fred Hargadon
Dean of Admission
- Swarthmore College
(1964-1969) - Stanford University
(1969-1984) - Princeton University
(1988-2003)
Don Betterton
Financial Aid Expert
- Director of Financial Aid, Princeton University (1973-2006)
- Certified College Planner
- Principal, Betterton College Planning
Seamus Malin
Admission Expert
- Harvard University
Dir. of Financial Aid
(1966-1977)
Asst. Dean of Admission
(1977-1987)
International Office Director
(1987-2002)
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