Higher education caters to the privileged and the elite.
I remember reading an article on this topic which bolstered its point by revealing a new trend by colleges looking to attract top students: offer merit-based scholarships out of their scholarship money, regardless of whether they’re financial aid candidates.
I’m fortunate not to need financial aid for college. Today a college offered me an annual $5,000 scholarship if I attend based on "potential to make unique and strong contributions to [college name]’s student life."
It’s a very generous offer and will be on the table when I make my decision. But I know that my receiving this money means money not going to other economically disadvantaged applicants.