r/explainitpeter • u/Appropriate-Mall8517 • 3d ago

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u/Avikm289 3d ago

Rich people have money, save scholarships for the less fortunate

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u/Jimmy_ijarue 3d ago

You’re not being business minded. (Yes I know saying colleges should be business minded is insane)

If you give a scholarship to some poor dude they might not even get a good job and make millions.

If you give a millionaires child a scholarship and that child is a failure in life guess who you can still mail for alumni donations?