Capitol Hill Targets Legacy Preferences for College Admissions

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Capitol Hill Targets Legacy Preferences for College Admissions
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Changes to the Free Application for Federal Student Aid, or Fafsa, will allow people to make contributions to their 401(k) without it impacting the amount of financial aid they receive. WSJ personal-finance reporter Oyin Adedoyin joins host J.R. Whalen to discuss.

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https://www.wsj.com/us-news/education/capitol-hill-targets-legacy-preferences-for-college-admissions-f827125f PHOTO: ISTOCK WASHINGTON—Senators are taking fresh aim at legacy and donor preferences for admission to college, as advantages given to certain students and groups come under increasing scrutiny following aA bill introduced Tuesday by Sens. Todd Young and Tim Kaine —called the MERIT Act—would try to end legacy admissions at colleges and universities.

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