Reply to Duke vs. UVA (In-State)?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The reason UVA is “cheaper” is that OOS students pay double and subsidize the IS students.

I wonder where else the person who automatically thinks higher tuition means higher value is paying too much and feeling good about it. [/quote]

The reason the top privates have risen to the top in USNWR is because they can have all wealthy students subsidize the less wealthy.  They have more generous financial aid to provide.  If you look at the loan amounts for graduates of these top privates, they can be less than public schools.[/quote]

It's the $25 and 40 BILLION dollar endowments that allow Harvard and Princeton to do that. They don't operate off tuition with the return they're getting on that pile of money.[/quote]

80%+ of endowment money is restricted by donors.  A research professorship doesn't pay for financial aid.  Athletic scholarships don't pay for financial aid.  And think about which division has the money.  Harvard Business School isn't going to let its multi-billion endowment go to undergraduate financial aid.  The medical school an law schools aren't going to let its endowment to undergraduate financial aid.  Much of what these schools do is operate on a high tuition/high aid model.  Endowments are typically donor targeted.  The exception is what Bloomberg recently did at Hopkins.[/quote]

To illustrate, the endowment split not too long ago at UVA was 31% medicine, 10% athletics, 9% Darden, 4% Law.  Do you think the owners of that 54% want their funds going to undergraduate scholarships?   The biggest undergraduate school at UVA was A&S, which only had 13% of the endowment, and this is split between undergraduates and graduates.  The bulk of financial aid money comes from redistribution of tuition revenue.  [/quote]

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