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College and University Discussion
Reply to "I predict one top school will be all-scholarship in next 5 years."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In other words, nobody pays anything. It will probably be Princeton. Also, they'll get rid of legacy at same time. I get that they take in a lot of money in tuition, but they already have half the kids going for nothing. And they don't need the money. And they'll be able to get rid of a pretty large and expensive administrative department. I think it will start as tuition only and within another few years, 5 or so other colleges will follow. [/quote] What about the non-need based kids? [b]Princeton doesn't generate enough money to give out merit aid for all those kids[/b], and they are not about to deplete those endowments.[/quote] We need to have a real conversation about why we allow these universities to hoard tens of billions in endowments if it's not for education. There are people out there who think Princeton doesn't generate enough money to give merit aid to all those kids!! [/quote]
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