3 ms·
Princeton tuition was 26K in 2001. It is now 45K. That's 3% growth in tuition, cutting into your estimate. The current endowment growth is already being spent
by ChrisLomont 8y ago
Princeton tuition was 26K in 2001. It is now 45K. That's 3% growth in tuition, cutting into your estimate.
The current endowment growth is already being spent to fund the university to the tune of ~4-6% [1].
So, if you take that source away, tuition would likely have to pick up the slack.
Care to rerun your numbers adding this all in?
[1] https://www.princeton.edu/news/2013/10/18/princeton-endowment-earns-117-percent-return-10-year-average-grows https://www.princeton.edu/news/2013/10/18/princeton-endowmen...