Colleges Soak Poor U.S. Students While Funneling Aid to Rich

Bloomberg reports on the backbone of the Obama coalition:

U.S. colleges such as Boston University are using financial aid to lure rich students while shortchanging the poor, forcing those most in need to take on heavy debt, a report found. Almost two-thirds of private institutions require students from families making $30,000 or less annually to pay more than $15,000 a year, according to the report released today by the Washington-based New America Foundation.

The greed of Boston University knows no bound.