Here’s a quote from an article of The Seattle Times:
Valedictorians with straight-A’s were denied admission, while out-of-state students with lower grades were accepted.
The decision is based squarely on economics: Nonresident students in effect subsidize the education of Washington residents, providing a much-needed boost in revenue at a time the UW could see its funding cut by $200 million over the next biennium.
It’s not ideal. Revenue, budgets and other financial concerns affect the direction of education.
I wrote an article on the merits of a debtless university education. However minute or major, money has an impact on how educational institutes are run. Perhaps it’s the focus of the university’s educational efforts (maybe putting more money into “money-making” departments such as business, medical and legal). Perhaps it’s the decision to take in more students who pay more in tuition fees. And lower the number of student intake with perfectly good grades but don’t pay as much in tuition fees.