The smart money assumes that in the next few months when the Supreme Court issues their ruling in the affirmative action case Fisher v. University of Texas there will be a major realignment in what is legal for affirmative action at colleges and universities.At the beginning of March, the NYT published an article about liberals who secretly, or not so secretly, acknowledge the need to some adjustment. Count me among them: Regardless of how virtuous have been schools' affirmative action initiatives over the past 30 years, it is a scandal that today, at top universities, there is such a large preference based on skin color and none based on socio-economic status. The reason for this is not nefarious: especially at the top schools, there is a bright line drawn between admissions and financial aid. Institutions do not know a candidate's economic status when making an admissions decision and therefore have no way to take it into account. It will be fascinating to watch colleges re-structure...