My Alma Mater Steps Up to the Plate
Posted by Ted Hopton on February 26, 2008
I’m proud that my alma mater, Brown University, has risen to the challenge thrown down by some of her more affluent Ivy League sisters. As described in the NYT,
Brown University is eliminating tuition for students whose parents earn less than $60,000, after decisions by fellow Ivy League universities to bolster financial aid as their endowments grow.
In addition:
The university, in Providence, R.I., said on Saturday that it also planned to substitute grants for student loans in the financial aid packages of students whose families earned less than $100,000 a year. The new program cuts reliance on loans for all students regardless of family income, the university said in a statement posted on its Web site.
Of course, there’s always some bad news, too: Brown’s tuition is rising 3.9%, bringing total costs, including room and board to nearly $50,000 per year. Just astounding . . .
