<p>With the economy the way it is, will Yale’s financial aid program suffer?</p>
<p>Very unlikely. They have billions upon billions of dollars in their endowment that they plan to use.</p>
<p>^ but that endowment could have suffered if they invested in certain assets that umm… “nobody wants these days…” </p>
<p>But I don’t think they’d back out considering the sheer size of their endowment, and the many willing alumni to support it…</p>
<p>If anything, (this is my outsider’s opinion), the financial aid at schools like Yale (woo!) and Harvard (schmarvard) will get better as a result of the economy.</p>
<p>Schools like Yale have such enormous grants that they really have no incentive to collect money from students without regard to the merit of those students (Yale has about 23 billion, Harvard has about 10 billion more), so when quality students starting thinking about not going (i.e. those whose families aren’t able to pay), Yale won’t settle for less (i.e. those whose families can pay but aren’t as ‘‘good’’), but instead make it possible for those previously parenthetically mentioned students to attend.</p>