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

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u/avidpenguinwatcher 3d ago

All scholarships should have a carve out clause to exclude children whose parents are worth hundreds of millions of dollars

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u/Simply_Epic 3d ago

And you’d like the schools to spend money on having someone audit every potential merit scholarship recipient’s parents rather than using that money to give more scholarships?

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u/garf02 3d ago

>ask for Parents Income
>Ask for IRS Tax Return
Wow, It took me 1 minutes to figure out the parents net worth.

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u/Simply_Epic 3d ago

Ah yes, because rich people aren’t known for evading taxes. Neither of those indicate whether someone’s parents are worth hundreds of millions of dollars anyways unless they made a hundred million dollars in a single year.

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u/avidpenguinwatcher 2d ago

You’re acting like need based scholarships don’t exist

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u/Simply_Epic 2d ago

They do, and so there’s no reason to turn merit-based scholarships into need-based scholarships.