"For-profit colleges a terrible deal"

[$tevie]

RgrF wrote:
[quote=$tevie]
I don't know how to explain it right, I guess.

I am a student. I say, thank you but I have chosen to attend Artsy Fartsy U instead of Dollar Sign Institute. Whereupon Dollar Sign Institute says, what if we lob $5,000 off the tuition? So the student goes back to Artsy Fartsy U and says, Dollar Sign just slashed another $5,000 off my tuition. To which Artsy Fartsy has no comeback because they do not have the means to arbitrarily lower someone's tuition.

Scholarship packages are carefully worked out based on merit and need and the college's ability to cover the student's tuition via money assigned for that purpose. Also on how many students are coming who are paying full freight which helps grease the wheels, too. There isn't any cash lying around to cover such a spontaneous and costly sales technique.

Just suddenly slashing prices as if it was a President's Day Sale is not the same thing as a financial aid package.

So if an academically ineligible student with superior or just above average athletic skills were to appear at your doorstep, seeking admission, what would do?
That's why there is an application process and a financial aid application process. If they show up after the deadlines, we would tell them to apply for next year. That's an entirely different thing than seeking out eligible students who have already made their choice as to college and stealing that student out from under the college that the student has already agreed to attend.