Detailed text transcripts for TV channel - MSNBC - 20131107:20:40:00
Provide financial aid for all the students we want to admit. so instead what we do is narrow down the group and offer them a larger financial aid package so they can actually get into the school. is there -- how would you advise them? what's a better approach for them? >> the question is besides the misleading component, is that actually happening? what a few college presidents have said is actually happening is if a college has $40,000 of money to give out, rather than give $40,000 to one student so that he or she can have a free year in college, they'll give eight $5,000 merit scholarships t...