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by nostrademons 4780 days ago
At the colleges that are providing generous need-based aid to the poor, that aid often comes from admitting dubiously-qualified legacies with rich parents and charging them full price (or soliciting donations for a few mil).

I went to the college that was specifically called out as "The Best of the Best" in the linked NewAmerica report. There were a fair number of complete dumbasses who also attended, and continued attending despite infractions that would've gotten a normal student expelled. Their family names frequently were on the board of trustees. Their family names were also on the notebooks I bought all through elementary school and on the department stores where my mom bought all our clothes. I suspect they've given more to the college than I'll ever earn in my lifetime.

It's generally impossible to do social good without having power. Power often means making certain accommodations to rich & powerful people. There's a strong element of Robin Hood behind pretty much any sustainable philanthropic program. A lot of being able to do good in this world is knowing just how much you can afford to piss off rich & powerful people, and how much help you can extract from them, in trying to achieve your social goals.