College of the Holy Cross is inching away from its need-blind admissions policy. The school cited ballooning financial aid expenditures. In the last four years, those expenditures increased from $49 million to $67 million.
It turns out Holy Cross has the same budgetary issues as the rest of us. Consequently, the last 92 admitted applicants of this past season were judged on their ability to pay. Moving forward, Holy Cross will consider returning to need-blind admissions on a year-by-year basis.