Princeton University to cover all college costs for students from families earning less than $100K

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Princeton University announced Thursday that student whose families make less than $100,000 annually will receive free tuition, room, and board.

Under the new expanded program, Princeton will increase the annual miscellaneous expense from $3,500 to $4,050. The university said that the expanded allowance will, "provide more flexibility for student to cover course books and other miscellaneous expenses." Additionally, Princeton will make it possible for the students with the highest financial need to bring two guests to campus for first year move-in and for senior year Commencement.

Princeton also said that currently 62% of its undergraduate students receive financial aid, with the average aid package totaling $62,200.visually broke down the expected cost for families per year paired with their income. It shows families making $75,000 and $100,000 with an expected total cost of $0 and families making $150,000 with a cost of $12,500. The chart goes up to families who annually make $300,000, and the expected total tuition cost is $50,000—still significantly lower than the current cost of attendance without any financial aid.

 

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Sure they are.

Wow, I'm sure all 20 families appreciate that lol What a joke move.

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Private schools should be required to insure student loans thru their endowment.

Sheldon said Princeton was a joke.

SOUNDS GOOD, BUT HOW MANY OF THEM WILL ACTUALLY BE ALLOWED IN.

well there you go bravo

bravo

lol

Any chance Harvard will follow suit🤣🤣🤣🤣🤣🤣🤣🤣🤣

They could just lower their tuition fees. They obviously have enough money to pay for all students whose families make under $100,000 They must be making a lot of money.

More lies form white elite colleges. Time to burn em down, salt the earth.

They aren't covering squat...who are they trying to bullshit over there? 🤣

By raising the tuition of everyone else to plaid levels.

That doesn't seem fair. It also doesn't teach responsibility.

Not like there’s many students at Princeton that come from families earning less than $100K.

Princeston is pathetic

Yikes. Princeton must be very expensive! 😳

Not a lot of risk there. Very noble of you. How about you don’ t admit anyone whose family makes more than 100K. Lol well, but, except….

Princeton isn’t covering the cost. Other students that ARE paying will cover the cost via higher tuition.

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