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Financial market impact on Endowments, Financial Aid, Applications, etc. Financial market impact on Endowments, Financial Aid, Applications, etc.
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Old 08-16-2009, 05:44 PM   #361
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Communities asking private schools for extra help in lean times - The Boston Globe
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Old 08-16-2009, 09:46 PM   #362
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I am not aware of any private schools that have money lying around that can be used to pay off extortion from the communities they reside in. At most of these places tuition might cover 2/3rds of the cost of educating a student - they have to raise the rest.
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Old 08-16-2009, 09:53 PM   #363
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I was more interested in this statement in the article.
Quote:
“We are spending more from our endowment than is sustainable,’’ Smith noted, partly to fund an increase in student aid requests.
It's worth reading.
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Old 11-07-2009, 10:20 AM   #364
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NY Times article re: prep school endowments & financial aid
Another poster mentioned this in the St. Paul's thread, but since it has general interest, I thought that I would give it a little more publicity:

http://www.nytimes.com/2009/11/07/bu...ewanted=1&_r=1
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