Why Rich Colleges Get Richer & Poor Colleges Get Poorer
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Racial Justice and Equity

Why Rich Colleges Get Richer & Poor Colleges Get Poorer

The Case for Equity-Based Funding in Higher Education

Posted: Nov. 25, 2020
Author(s): Nick Hillman
Organization(s): Third Way

American colleges and universities are deeply unequal when it comes to their finances. A small handful of colleges hold the vast majority of wealth and financial resources—and these colleges enroll far too few low-income students and students of color. But what would happen if the tables were turned? What if colleges serving the nation’s lowest-income students and students of color had the most (or at least equal) resources? This report explores these possibilities.

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