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Post: Ivy AI

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Postdoc
Posts: 4911

Reg: 02-04-06

10-10-17 05:31 PM - Post#233741
In response to TheLine

Princeton alums had started to go on a de facto donation strike when the endowment got to a certain size while undergraduates were still being put in debt. The status quo ante was not sustainable and the administration wisely broke the Ivy mold and got rid of loans, inducing Harvard to follow. I don't know if that change has managed to create a broader income distribution of students (a goal of the change), since wealthy students still have advantages in gaining admission, but it couldn't have hurt. Any impact on athletics of the FA change was barely an afterthought. It's annoying to constantly read carping about what I think most would consider a very positive step by the schools involved.

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