Jamie Merisotis, president
of the Institute for Higher Education Policy, said top -
tier institutions (with their large endowments) are able to increase need - based scholarships but are traditionally reluctant to lower their academic standards.9 Terry Hartle, the American Council on Education's senior vice president, justified this policy, saying colleges should hesitate to
admit «academically underprepared»
students.
Seniors are typically
admitted to second - or third -
tier colleges, though it is a point
of pride that a high fraction
of these
students find the inner resources to graduate from college.
Schools that
admit a lot
of students from low - income families and help a significant percentage
of them find their way into to the top
tier of earners aren't leafy private schools, but mostly urban...