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College and University Discussion
Reply to "UMC How Do I get a Good Deal Tuition?"
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[quote=Anonymous]I think your only hope is state schools. State schools are lower cost, and therefore less affluent people do not need as much aid to go there. And that aid is partially spread out over the entire tax paying population, while at private schools, the cost for the less affluent is put all onto the small number of wealthier students, income from the endowment, and alumni donations. I frankly do not understand why schools with huge endowments like Princeton still insist on punishing the wealthy by charging high tuition. They have plenty of money from endowment interest to subsidize the poorer students without this. I think it just makes them feel righteous to be able to punish people who have saved their entire lives.[/quote]
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