by Laura Conaway

Trucks
dmcdevit

Looks great, right?

This is not the most important economic story today, but it's the one I keep thinking about: College in Need Closes a Door to Needy Students.

Facing a deficit, Reed College — raise your hands, alums — went back through its list of accepted students and replaced more than 100 who'd need financial aid with others who could pay full freight. I'm not saying it's wrong. I'm just saying it's such a drag.

 

One student, Hannah C. Moser, got into the Portland, Ore., college but couldn't win enough in financial aid to attend. Now she's going to school closer to home. "I've actually struggled pretty bad with not being able to go to Reed, just because it was my reach school and everything about it was perfect and I impossibly got in," she told the New York Times. "And then I couldn't go."

I've been that kid, and at the time I was crushed and really quite mad about it. It turned out that the school I was able to attend was more than good enough, maybe even better for me personally. And years later, I was glad not to be toting three times the student loans I'd have taken on for my reach school, if that had even been possible. Just saying.