<i>&quot;And while many of the wealthiest colleges offer need-based scholarships for their poorest students, they enroll a relatively small percentage of low-income students compared to their less wealthy peers.
The 10 wealthiest private colleges hold cash and endowments that, combined, total nearly $180 billion. A median 16 percent of their 2012-13 enrollees received Pell Grants, a form of federal aid only available to low-income students, according to an analysis of federal data.&quot;</i><p><i>“We are spending the most money as a society educating the wealthiest people.”</i> -- Ronald Ehrenberg, director of the Cornell University Higher Education Research Institute<p><a href="https:&#x2F;&#x2F;www.insidehighered.com&#x2F;news&#x2F;2015&#x2F;05&#x2F;21&#x2F;rich-universities-get-richer-are-poor-students-being-left-behind" rel="nofollow">https:&#x2F;&#x2F;www.insidehighered.com&#x2F;news&#x2F;2015&#x2F;05&#x2F;21&#x2F;rich-universi...</a><p><a href="http:&#x2F;&#x2F;money.cnn.com&#x2F;2015&#x2F;04&#x2F;28&#x2F;pf&#x2F;college&#x2F;ivy-league-low-income-students&#x2F;" rel="nofollow">http:&#x2F;&#x2F;money.cnn.com&#x2F;2015&#x2F;04&#x2F;28&#x2F;pf&#x2F;college&#x2F;ivy-league-low-in...</a><p><a href="https:&#x2F;&#x2F;www.bostonglobe.com&#x2F;magazine&#x2F;2015&#x2F;04&#x2F;09&#x2F;what-like-poor-ivy-league-school&#x2F;xPtql5uzDb6r9AUFER8R0O&#x2F;story.html" rel="nofollow">https:&#x2F;&#x2F;www.bostonglobe.com&#x2F;magazine&#x2F;2015&#x2F;04&#x2F;09&#x2F;what-like-po...</a><p><a href="http:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;maggiemcgrath&#x2F;2013&#x2F;11&#x2F;27&#x2F;the-challenge-of-being-poor-at-americas-richest-colleges&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;maggiemcgrath&#x2F;2013&#x2F;11&#x2F;27&#x2F;the-cha...</a><p><a href="http:&#x2F;&#x2F;www.cnbc.com&#x2F;2015&#x2F;09&#x2F;16&#x2F;top-1-of-harvard-grads-richer-than-americas-1.html" rel="nofollow">http:&#x2F;&#x2F;www.cnbc.com&#x2F;2015&#x2F;09&#x2F;16&#x2F;top-1-of-harvard-grads-richer...</a>