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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How are schools like Tufts, Brown, Columbia, Duke, etc. all able to afford these need blind admissions/tuition free policies? Duke and Northwestern have laid off massive numbers of staff/froze research, Brown took on $700MM of debt this year. Where are they getting the money to fund their generosity? Brown and Yale are bleeding but have a need blind and full needs met policy for even international students. What am I missing?[/quote]

They might be getting large restricted gifts to fund some of this. Which is very short-sighted of the donors.

It is also a matter of priorities - they might think (I would say incorrectly) that this is part of their mission and they will make sacrifices elsewhere to make it happen.

As you suggested, having policies like these and truly being need blind doesn't work as things get tighter financially. If they are doing what they claim, admissions could come in and say "guess what? An extra 10% of the incoming class that we want is low income so we need to live up to our promise and give them all free rides". Not sure how that would work.[/quote]

Not sure how that works either. If a school is truly need blind, you would think that they have the money to fulfill the need blind policy. For the high profile schools with financial issues, they probably hire consultants to make sure they manage their budgets for the short term and long term. [/quote]

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