Why Can’t We Just Means-Test Tuition?
A couple of weeks ago, I had an exchange with a colleague who couldn’t figure out why tuition wasn’t means-tested. It just makes sense, he said: make the rich kids pay lots of tuition, and make the poor kids pay very little. I argued that it was means-tested. If you didn’t have means, you’d get a grant, which would reduce tuition (though I allowed that this was done a lot less effectively than it could be, given how poor our