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They certainly didn't when I was accepted in the fall of 1999. I had enough money in my college fund to pay for 1.5 years of tuition, room, and board at Princet
by jboggan 9y ago
They certainly didn't when I was accepted in the fall of 1999. I had enough money in my college fund to pay for 1.5 years of tuition, room, and board at Princeton so getting paid to go to a good state school seemed like a no-brainer. I would mostly attribute it to a middle class mindset of education being a necessary cost to be minimized, rather than a very large investment in your future with outsized returns.
- phonon 9y agoIn 1998, they substituted grants for loans for students from families earning less than $46,500. In 2001 they replaced all loans with grants :-( http://www.nyu.edu/classes/jepsen/nytimesJan2801.pdf http://www.nyu.edu/classes/jepsen/nytimesJan2801.pdf