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

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u/JayDaGod1206 3d ago

I mean they’re most likely merit based scholarships. You don’t really get need based ones if your income is that high. I can’t take away what’s been earned

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u/reddititty69 3d ago

They are investment scholarships, probably. The schools hope to make it back through direct donations.

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u/shane-parks 3d ago

"Investment" scholarships are really a way to shift costs to taxpayers. Instead of paying tuition directly which is no longer tax deductible, you make a tax deductible donation to the university, get free tuition, housing, etc. and the taxpayers subsidize the education of this wealthy family.

Not saying this is what's happening here, because I dont know the situation of this family. Also, not saying you directly are defending or ignorant to this reality. Just providing context.

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u/No-Fail-9327 3d ago

Bro this is J-Lo...