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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? Princeton doesn't generate enough money to give out merit aid for all those kids, and they are not about to deplete those endowments.[/quote] Their endowment is $5 million per student [/quote]
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