<p>I agree that UChicago’s best path to increasing yield involves improving financial aid. However, in terms of competing against the tippy top schools, the problem remains that Chicago’s endowment is something like $4 billion while HYPS sit on endowments equal to or greater than $20 billion.</p>
<p>The double whammy of low name recognition (compared to HYPS) and relatively high attendance costs present enormous, perhaps insurmountable challenges to Nondorf.</p>