<p>I've been reading/hearing about all these ivys like Princeton, Yale, Harvard, Upenn lowering tuition and increasing fin. aid with in the past couple of weeks...(i think yale's a recent one) Anyone have any information about whether Columbia is going to do the same? I would understand if they didn't because Columbia isn't as well endowed and has a big construction project ahead of them but their tuition is prettyyy steep and their fin. aid isnt as generous...</p>
<p>Columbia adopted a plan similar to that of UPenn. Students from families making under 50 or 60k will not have to take out student loans (Stafford, Perkins, etc.)</p>
<p>Columbia currently doesn't have the resources to do what Princeton does (no student loans for all students) or Harvard and Yale (free tuition for anyone who's family makes less than 50/60k). Kluge's $400m pledge last year means thats going to change soon, but the pledge is in the form of a bequest which means Columbia won't see it until Kluge (bless his soul) finally croaks.</p>
<p>Wait, for Harvard and Yale. "Free tuition" still means you have to do work study and stuff, right?</p>
<p>Probably.</p>
<p>[redacted]</p>
<p>What am I even saying, go ask on the Harvard board.</p>
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I've been reading/hearing about all these ivys like Princeton, Yale, Harvard, Upenn lowering tuition and increasing fin. aid with in the past couple of weeks
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<p>lowering tuition? i.e. it's less than the 50k or so it was last year for all students? can i see some links? google isnt giving me anything.</p>
<p>No one's reducing tuition (hah!)</p>
<p>But Harvard and Yale did continue their financial aid arms race. <a href="http://online.wsj.com/article/SB120036556301690331.html?mod=googlenews_wsj%5B/url%5D">http://online.wsj.com/article/SB120036556301690331.html?mod=googlenews_wsj</a></p>
<p>Meanwhile Penn and a number of other college (Haverford, Pomona, Swarthmore) have expanded their no-student-loan programs. Penn plans on eliminating student loans for students from families earning less than 100k for next year, and then eliminate student loans for all financial aid eligible students starting 2009-2010. </p>
<p>I'm not sure if that's the same thing as Princeton's program, which is supposedly "no student loans for all students".</p>
<p>So at least in that regard Columbia is just had the stakes raised by Penn.</p>
<p>Bowdoin and Colby just announced no student loans effective fall 2008 for all new and returning students
This seems to be quite a trend</p>