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Should a Wealthy Student Accept a Full Scholarship?


Money and ethics often go hand in hand, and this weekend Kiplinger featured a reader question involving these two very connected things. It doesn't involve anything scandalous like money laundering or embezzlement, in fact it's about something as innocent as education. She asked if her millionaire cousin's son should accept the full academic scholarship he was offered by their state university.

This question was interesting to me because I'd really never thought about it as an issue — if a student earns a scholarship then why wouldn't he accept it? The response to the question mentions that the family should make a donation as repayment to the school. What's your opinion?

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