UPDATE: Higher Ed Cop Out #1

It's a trend! According to the New York Times: "Facing fallen endowments and needier students, many colleges are looking more favorably on wealthier applicants as they make their admissions decisions this year."

Says Morty Shapiro, "There's going to be a cascading of talented lower-income kids down the social hierarchy of American higher education, and some cascading up of affluent kids."

Darn straight-- remember cop out #1? Need-Sensitive Admissions. Lovely.