We’re not talking about “punishing” individual kids. We are talking about the policies adopted by non-profit colleges with respect to use of their endowments. I don’t see any problem with basing that decision on the desire to reduce income inequality—inequality that’s being driven in large part by armies of upper middle class people who have been pulling away from the middle class over 30 years just as even richer people have. What’s wrong with universities structuring their financial aid policies with that in mind?