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Reply to "How Princeton is Getting Around the Endowment Tax"
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[quote=Anonymous][quote=Anonymous]I would bet there are 5x more kids from families earning $150k-$350k ($350k is the max where you receive no FA) vs families under $150k. Thats why Princeton ranks in the top 15 of all schools by median income which isn’t skewed by billionaires for the average. BTW, this press release looked largely identical last year, but they upped the no tuition limit to $250k from $200k. This isn’t a new policy to avoid the endowment tax as I believe in fact last year like 69% received significant aid and now they say 65%. [/quote] Agree to disagree. They just increased the undergraduate financial aid budget by $21 million over what was approved by the Trustees in April. This is absolutely intended to avoid the endowment tax.[/quote]
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