Why the Rebound in the Economy Is Bad for Scholarship Applicants

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Well, to clarify a bit: we *didn't* lose fewer jobs than expected. The actual unemployment rate *with* the stimulus bill has been consistently worse than what Obama claimed would be the worst case without it. Turns out the economists were right: stimulus just doesn't work.

Greg of TN 1:07PM January 29, 2010

Please note that some "elite" private schools are better run, fiscally speaking, than others.

Upon doing a little research, it is clear that some institutions watched their endowments shrink a lot more during the recent economic crash than others. Thus, there's probably a big difference in so-called stinginess depending on how well or not-so-well the college or university president has been in terms of financial stewardship.

Compare losses in the endowments at various schools, and perhaps it will become clear as to why some may become less "stingy" than others.

That said, considering the amount of part-time, adjunct faculty some schools rely on to cut costs, the savings ought to be passed on to the students in terms of a stronger financial aid package.

Angie Koutrotsios of IL 8:07PM December 06, 2009

It's hillarious how this administration claims it's good news that we "only" lost so many jobs - far less than expected.

News flash: we still lost jobs and are still losing jobs.

I can see it now: When we lose, say, 500,000 jobs in a month, they could dub it as good news for their god Obama and say "Hey! That's great! We expected to lose over a million!!"

Obbama of WA 9:55AM December 06, 2009

This is all the more reason to reject the misnamed "Dream Act" amnesty scheme, which would reward illegal aliens with increasingly precious college seats, reduced tuition and amnesty.

And the parents of the illegals (not us) are responsible for the difficult position that young illegal aliens find themselves in.

George of OH 7:45PM December 02, 2009

The key is how many poeople actually get grants.There is a large percentage of people who get nothing. Never trust the numbers unless you have something in hand. Even being top in your class, applying early and applying to multiple schools is no guarantee.

Fafsa of FL 8:03AM December 02, 2009

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