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Yale, Harvard, Penn (to a lower extent) all have a no-loan financial aid policy. Cornell with its $6b endowment doesn't - and neither do many other schools - an
by huac 11y ago
Yale, Harvard, Penn (to a lower extent) all have a no-loan financial aid policy. Cornell with its $6b endowment doesn't - and neither do many other schools - and that's ludicrous.
- harryh 11y agoHarvard Endowment - 37.5B. Yale - 25.5B. Penn - 10.13B. Cornell - 6B (as you said). Harvard Undergraduates - 6,700. Yale - 5,500. Penn - 10,500. Cornell - 14,000. Maybe it's because Cornell has less money and more students than the other schools you listed? Spending 4% a year, that gives Cornell about 17k per student. It doesn't sound unreasonable to think that's just not enough to cover the tab.