AdvertisementUsing 2021-2022 admissions data from the Common Data Set — a College Board Initiative — the report found that selective and private colleges were most likely to use legacy preference in their admissions. The University of Nebraska, for example, offers $14,000 a year for legacy students from out-of-state. Another example is Drake University, which offers a $2,500 per year award to legacy students. Business Insider has previously reported on the precedent continued legacy preference is setting for the future of higher education. AdvertisementMurphy said he's most worried about legacy preference in admissions, and while legacy scholarships might not send the best message, "if every college in the country drops legacy preferences and hold on to legacy scholarships, I'm fine with that."

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Persons: James Murphy, who's, Murphy, Leslie Reed, Drake, he's Organizations: Service, Business, Brookings, College Board Initiative, Reform, University of Nebraska, Drake University, Ivy League