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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
           A few years before the Great Recession hit, I recall hearing that one or more of the ivy league schools (Harvard, I believe started it) announced a public goal of providing undergraduate education free for all students in a few years, but rolled it back when the endowments took a huge hit.   This would be one way to put the need blind thing largely to rest -- if there was no cost to attend.  I suspect having seen what could happen in financial markets, it may be a long time before we hear of such a proposal again.  
[/quote]

That was Larry Summers, and he announced a policy of providing full FA to families with household incomes up to something like $120K or $150K. It wasn't ever free education for everybody, just for families for whom $60K/year would be a real deterrent. I think Harvard still does this.

Of course, your kid has to get into Harvard first. I think Harvard takes about 6% of applicants, and most of the other top ivies also take 6-10% of applicants. So I sometimes chuckle when somebody here says "Harvard would be cheaper, after FA, than UMD/UVA for your kid!" because most kids have very little chance of actually getting into Harvard.[/quote]

Harvard still does this. The sad fact of the matter is that high achieving poor students--and not DCUM poor, but pell grant poor--need to be recruited by the most elite schools because not enough apply. There us no danger of HYP jeopardizing endowments because of their need blind policy in thus regard.[/quote]

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