It’ll be interesting to see how this affects need-based aid at other Ivies and beyond. Princeton has been pushing aid packages up for a while now so this doesn’t strike me as a radical change. But I do think there’s a contingent of families above that $250k income range who have/had the impression they have no chance at need-based aid and who now might check out NPCs at HYPSM and a few others.
Worth noting that Ivies will typically match aid packages for those accepted to other schools in the conference, the idea being that cost should not determine choice of schools.