But the only tuition people pay is the expected family contribution. Schools like Harvard use their foundations to pay the rest through financial aid and recoup their investments when the alumni get rich.
Reducing that contribution to zero essentially reduces the cost to near zero.
Student loans to be paid after are a much lower barrier than up-front costs. And from what I understand, the Ivy League is a lot more aggressive about not saddling their students with student loans, because they can afford to.
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timeasmymeasure
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Date: 2004-03-10 02:24 pm (UTC)Reducing that contribution to zero essentially reduces the cost to near zero.
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Date: 2004-03-10 02:39 pm (UTC)My parents paid their EFC, and I had a couple of loans on top of that in order to pay for my tuition.
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Date: 2004-03-10 02:43 pm (UTC)