<p>riverrunner wrote: </p>
<p>“I also wonder, with endowments not yielding as much for the FA funds this year, how much a check mark in the “applying for financial aid?” box will factor in.”</p>
<p>Yale’s commitment to need blind admissions has been extant since the late 1960s – long before the current economic downturn or their unbelievable recent endowment growth ($4B to $22B in about 15 years). I seem to recall Pres. Levin saying that the Y Corporation said that more endowment revenue needed to be spent (to deflate the expanding pot of cash! What a problem to have!). Last report was that the endowment grew roughly $4B in 2007. This compares with the $86M financial aid budget. Still a drop in the bucket frankly.</p>
<p>The monstrous boosting of FA budget won’t be affected by current financial situations, I’d bet. Therefore, the admissions office won’t feel any pressure to shade back from being need-blind admissions. My two cents.</p>