Surprised the article does not discuss the much more impactful fact that Ivy’s coordinate to not provide merit scholarships . Columbia does a bit of defection on the side that is tolerated, but otherwise there are no merit scholarships for Ivy league students.
I was never going to make it into an Ivy anyway, but I remember learning about that system as a middle-class high school kid and thinking "huh, sucks for me I guess." Too rich for need-based scholarships, too poor to pay full price.