| I wonder where the money is coming from. Brown does not have an endowment like HYPS and never has been a school with a lot of excess cash lying around. Something is going to have to give to make this possible.
While making college more affordable is certainly laudatory--I'm concerned that Brown and other goods schools with modest endowments feel competitive pressure to match HYPS' newfound generosity. This may well lead to unintended consequences, such as increasing class sizes (adding enough rich kids to offset the lower costs to middle class kids), downward pressure on faculty salaries and graduate stipends, etc. |