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A tsunami wave will be hitting these schools, with distressed students asking for huge increases in fin aid.
Is there a chance the cash calls could grow while the investments underlying them remain totally illiquid?
I guess I'm trying to weigh whether all of this talk of capital calls and bond ratings is really going to affect a student's four-year experience at Amherst. Thanks.
If I felt that one school were heads and shoulders a better fit than the others, I haven't seen anything that would offset that choice. If I were dead tied among several schools, I would consider the budgets pretty closely. It's just a little bit too early and they may all hold off on the first round of hard choices until after the May deadline.
Middlebury has been faulted for their expansive capital improvements, however, one has to wonder now if it wasn't one of those crazy as a fox moves.