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This is a complete misunderstanding of what is happening in higher education. The increase in tuitions for need-blind schools like Brown is essentially forced d
by adamfisk 9y ago
This is a complete misunderstanding of what is happening in higher education. The increase in tuitions for need-blind schools like Brown is essentially forced donations for the families that can afford to pay. Everyone is already given financial aid to meet whatever their need is. Now, however, some of that is in the form of loans.
Alongside the increase in tuitions has been a massive increase in financial aid. Princeton really kicked this off around 2000 when they started drastically reducing loans and increasing grants, essentially competing for the top talent among lower income students.