Not Good News

MiPerson80
Sat, 31 Jan 2009 13:45:04 +0000

no ,“the dose of reality” is when the endowment losses causes schools to switch from “need blind”, dramatically reduce the number of PhD candidates (this is already happening, because these schools typically full fund grad school for PhD), jack up the tuition, increase the EFC, lower the academic standards (as Brown did, see 'Price of Admissions") to let in more wealthy kids who’s parent’s can pay full freight, more adjunct professors, etc…

One thing to be carefull of is that schools like Borwn (an other private top 25), the administration is going to feather their own nest and put the burden on kids and parents.

This recesion is severe, my company is assuming 18 months more of this economic downturn .