Sunday, July 10, 2005


Statistic of the Day

In 1995, students attending the wealthiest 10% of colleges got subsidies averaging $22,800 apiece, while those in the bottom 10% got a break of just $1,800. Endowments and gifts provide most of the subsidies in private colleges, while taxpayer funds do so in public ones.
—Gordon Winston, economist, according to Business Week

I wonder how big the discrepancy is today.

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