Lowering Standards:

Bryan Caplan:

"The more you lower your standards, the more you help the truly disadvantaged — and the more you dilute the value of your degree."

"If Harvard admitted students solely based on need, their official ranking would plummet. This, in turn, would make the “gift” of a Harvard degree all but worthless. One incompetent graduate won’t destroy your signal, but a generation of incompetent graduates will."