This should confirm how self-serving and intellectually bankrupt the "merit aid" label has become. Basically, it's used by colleges to describe any kind of financial aid that's not based on financial need. The phrasing is deliberate; Americans believe in merit and things base upon it, so they approve in principle without bothering to ask what, exactly, the criteria for merit are. Colleges are increasingly granting so-called "merit" scholarships to academically deficient students because they know their parents are wealthy and can afford to pay full tuition, plus donate to the next fundraising drive. (While most transactions in a free market are at arms-length, in higher education the seller forces the buyer to disclose how much money he or she has before deciding how much to charge.) Or they use "merit" aid to buy higher scores on the SAT--a test that higher education leaders routinely condemn.
It also shows how much colleges and universities care about how much students learn after they enroll: not much. For example, instead of spending hundreds of thousands of dollars in a futile bid to become a Tier One school, Baylor could have spent less than $30,000 to administer the Collegiate Learning Assessment, which tests a sample of freshmen and seniors in critical thinking, analytic reasoning, problem solving and communication skills, in order to see how much progress they made at Baylor. Or they could have given the money to students who are standouts in their field in college, or who served their community, or who actually need the money. Almost anything else would have been better than this.
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