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February 20, 2008

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Dang... Missed it by 10 years! Nah, I'm just as happy with my state education on a full ride. Seriously. Compared to a few friends who went to pricey private schools, I definitely feel I got the best bang for my buck and my time.

I seem to recall Harvard and a few other of the Ivies doing this lately as well. It may be more peer pressure than legislative pressure. But in any event, I have a fundamental problem with lawmakers trying to tell private universities what to do with their endowments; however, public univerities should of course do everything possible to keep tuitions low.

Wow, that is great. I'll have to remember that by the time my guy is applying to college. By then I'll hopefully be making $100k + though.

When did Harvard do this? Sure as hell didn't when I was there. It's certainly a nice sign. Maybe those studies saying that, for example, Harvard could live off its endowment alone for 50 years finally embarrassed them. How far back do they look on this wage thing? Can one purposefully move to a lower paying position for four years and get such a deal? If you have multipled kids in school, that could be huge.

It's a trend. Yale, Harvard, and I believe Princeton have all gone to a similar model over the past year or so.

Could've used this during my undergrad days, I can tell you that. I still have some of that debt.

I think it was in response to the growing sentiment that an Ivy league education just wasn't worth the cost anymore. That's certainly the sentiment in my experience, at least.

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