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by sbisker 2107 days ago
They do their best to prevent it, but a lot of students don’t even apply because they or their parents think they can’t afford it. Access to education about financial aid itself is a privilege. That has got to be the biggest limiter by absolute volume of people.

It “felt” more uncommon that someone actually turns down an MIT offer after they see the package, as they do their best to provide student work aid and students tend to be optimists about debt - but I only saw the people who said yes, so my data is totally biased. I’ll note that one common situation is folks who can technically “afford” MIT, but are offered a full ride elsewhere - a lot of folks I knew who joined felt some pressure to save money by taking the scholarship elsewhere, and struggled to turn it down.