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Reply to "Princeton spared from endowment tax"
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[quote=Anonymous]Brilliant indeed, but hard to replicate. Few universities have Princeton's tiny undergrad population, and the ability to cover the financial need of so many of them (and nearly all graduate students.) [quote]According to the attendees, who were granted anonymity to speak about the closed-door event, Ciniglio stated that the number of tuition-paying students at the University was under the 3,000 threshold to qualify for the tax, in response to an audience question. This comes after a $44 million expansion of the financial aid program for the 2025–2026 academic year, which eliminated tuition for most families making less than $250,000 and followed previous aid increases. [/quote][/quote]
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