Reply to How Princeton is Getting Around the Endowment Tax

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just here to reiterate that "getting more students into the non-tuition-paying category" means students admitted and choosing to enroll, in a need-blind admissions environment.

They should drop the pretense of need-blind since need will, in fact, play a role in this process one way or another. Right now it's on the back end, but one bad algorithm from enrollment management consulting can really mess with the budget.[/quote]

Because of Princeton's current numbers, it wouldn't need to drop its need blind policy; it can get where it wants without doing so, by giving more aid to students already getting it.  But i agree that there are other schools (like Dartmouth) that would really have to go need-aware (in favor of those who have need) in order to get to fewer than 3,000 tuition-paying students.[/quote]

Does the law say fewer than 3000 tuition paying students or fewer than 3000 tuition paying undergraduates?  If it is the former, Dartmouth could never do this - they have a med school, law school, etc, none of which Princeton has.  So Dartmount probably has >>10k students.  Princeton has almost exclusively PhDs which don't pay tuition. [/quote]

Your numbers are way off. Dartmouth has 6700 students, only 1100 or so are med and business. There is no law school.[/quote]

I wasn't the PP you're responding to, but even with your numbers, but it would require a monumental change to its business for Dartmouth to get to fewer than 3,000 tuition-paying students.  Of the remaining 5,600 students, fewer than 1,900 would need to be tuition-paying.  Presently about half of undergraduates, or about 2,200, are full-pay.  Even if we assume that all of the other undergrads receive grants exceeding full tuition (and that is almost certainly not the case), that leaves 2,200 undergrads and 1,100 med and business students paying tuition.  So Dartmouth would need to increase by 300 the number of undergrads receiving aid and give them huge awards.  I don't see how Dartmouth can do this without becoming need-aware and favoring students with significant financial need.   [/quote]

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