<p>" J. Tarlington “Muffy” Rothschild de Beers '10 said she will probably use the $40,000 on “shoes, pastel polos and lots of pretty, frilly things.” Meathead McGruff '09 plans to spend his tuition money on “a crapton of beer.” "</p>
<p>I saw this a few days ago and at first glance thought it was real, although reading the text quickly showed otherwise.</p>
<p>It would be a surprise, but not out of the realm of possibility, for well-endowed schools like HYP to eliminate tuition. As fewer and fewer students actually pay much tuition, it would get easier to do. I’m sure the only thing that keeps them from doing so is the opportunity cost of waiving tuition for some truly wealthy families.</p>