Word: yale
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Dates: during 1990-1999
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...story was drastically different at Yale, where Director of Financial Aid Donald McM. Routh said it was "back to the drawing board." He said he would recommend Yale keep up with Harvard's changes "dollar for dollar...
...marketplace situation, where we're competing one-on-one [with Harvard], then the fact that first of all, it's Harvard, and second of all, if you go to Harvard you have to borrow $2,000 less than Yale, that begins to bind [students]," Routh said. "[Harvard] certainly upped the ante...
...Routh was not optimistic that Yale would be able to afford increases beyond the one it made in the spring, which allocated only half as much an increase per student as Harvard or Princeton...
...schools can be explained by simple economics. Princeton, with the nation's largest endowment per student, can afford to lead the way into increased generosity. It can also--to some extent--afford to vie with Harvard in the bidding war Routh said he sees coming in the Ivy League. Yale, with a far smaller endowment per student than either school, cannot...
...months, students have watched as Princeton, Yale, Stanford and MIT sweetened the financial aid pot. For months, we wondered when Harvard would do the same...