YALE OVERHAULS FINANCIAL AID; REFORM TARGETS MIDDLE CLASS 1.15.08
Following sweeping financial-aid reforms announced Monday, the University will dramatically reduce the cost of a Yale College education for families making under $200,000. Yale’s new plan, made public just over a month after Harvard University unexpectedly unveiled an overhaul of its own financial-aid policies, bears the imprint of Harvard’s revamped aid portfolio. The expected contributions from families in income brackets up to $180,000 are identical to those laid out by Harvard.