Sept. 6, 2001: Nudged by rivals, Yale built its plans
Wednesday’s financial aid announcement reiterated Yale’s commitment to supporting undergraduates, but comments made by administrators during the decision making process and after its completion suggest that competitive pressures carried the day.
With the $7.5 million boost in aid, Yale finds itself on solid footing with Harvard and Princeton universities by offering more comparable financial aid packages. And by not eclipsing financial aid moves by Harvard and Princeton, Yale effectively put an end to the financial aid war — for now.
“One can’t deny that it was done...
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