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
—Gordon Winston, economist, according to Business Week
I wonder how big the discrepancy is today.
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