At a time when colleges and universities are spending a disproportionate amount of money on student amenities, it’s heartening to know that Occidental College is charting a different course (“When Admissions Adviser Rick Singer Called, This School Said, ‘No Thanks,’ “ The Wall Street Journal, Nov. 7). Rather than chase affluent applicants, it decided to put its money into scholarships for low-income minorities.
But It has paid a steep price for its decision, losing roughly $70 million in its endowment. That’s because it has rejected wealthy students with questionable academic track records in favor of admitting low-income qualified students who are not as likely to support the school financially after graduation.
I’ve never understood why lavish amenities are needed on campus in the first place. Students are supposed to go to college for an education. That has nothing to do with climbing walls etc. Let’s focus instead on academic learning, which is really the No. 1 reason colleges and universities exist.
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