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With an endowment of over $2 million per student, Princeton doesn’t need to charge tuition at all - it’s a choice they can make though.
by djakjxnanjak 7y ago
With an endowment of over $2 million per student, Princeton doesn’t need to charge tuition at all - it’s a choice they can make though.
- killjoywashere 7y agoI've heard the Ivies described as hedge funds with ownership stakes in small liberal arts schools.
- Scoundreller 7y agoSorta similar, the trust formed to maintain the London Bridge still exists, but from its investments and historic revenue, has switched to charity work and doesn’t collect tolls anymore.