<p>University of Pennsylvania Will Pay Tuition and Room and Board for Families Earning Less Than $50,000
March 23, 2006</p>
<p>PHILADELPHIA – Expanding its effort to alleviate the financial burden on low- and middle-income students and to continue attract top students with diverse economic backgrounds, the University of Pennsylvania will provide grants for undergraduate students from economically disadvantaged families with incomes of $50,000 or less, Penn President Amy Gutmann announced today.</p>
<p>So? Everytime something gets improved, you can't look back and have the attitude that "I wish those bastards had done that back when it would've helped me."</p>
<p>It is trying to up the number of low income students at a time when interest rates on loans is escalating............kids who are almost done benefitted from very low interest loans...........remember that. People factoring the loans costs today would perhaps say NO WAY.</p>
<p>Maybe they can afford to because they use temps to teach 60% of UG classes. From the COHE:
"Tenure-track faculty members teach only 40 percent of classes in the University of Pennsylvania's School of Arts and Sciences, according to a report by a graduate-student union at Penn that has been fighting for university recognition. Lecturers on short-term contracts teach almost the same amount, the report says. </p>
<p>As a result, the group argues, students at Penn are not getting the education they are paying for."
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