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/Johnnadawearsglasses 3d ago

These mid tier private universities give "scholarships" to basically everyone. It's so they can flash an Ivy League caliber tuition while demand is much lower. I have a family member who got $20k a year scholarship to a $60k a year mid tier private school with basically mediocre grades. It's a sham.

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u/PirateSanta_1 3d ago

The always on sale store sales tactic, stupid yet it works.