Co-founder of the National Institute of Certified College Planners Ron Them said the University is “the best deal of the century” in a Bloomberg article this week.
The article says that Princeton is the school that offers the cheapest financing to parents to supplement need-based aid by offering 1.2 percent, no-fee loans to families with annual incomes up to $500,000. Princeton’s loans are cheaper than those offered by the federal government, and parents have 10 years after their child graduates to repay them, according to the article.
University Director of Undergraduate Financial Aid Robin Muscato told Bloomberg that about 10 percent of undergraduate parents took out parent loans to pay for their child’s education at the University in the last four years, of which 95 percent were administered through the University’s program.
The average annual amount borrowed is $19,000 for students receiving need-based aid and about $36,000 for those who do not.
With an endowment of $18.2 billion, the University is the fifth-richest college in the United States, according to the National Association of College and University Business Officers.
The only hitch, according to Bloomberg? “Your kid has to get into Princeton University.”
Read More
‘Gaza Solidarity Encampment’ at Princeton
Daily Princetonian StaffPrinceton students began a sit-in McCosh Courtyard early Thursday morning, joining a wave of pro-Palestinian sit-ins across the country.
Princeton students began a sit-in McCosh Courtyard early Thursday morning, joining a wave of pro-Palestinian sit-ins across the country.
‘Gaza Solidarity Encampment’ launches at Princeton, students arrested
Annie Rupertus and Miriam WaldvogelPrinceton students erected a tent encampment in McCosh Courtyard early Thursday morning, joining a wave of pro-Palestinian sit-ins across the country. Princeton Public Safety has issued it’s first warning to protesters, and at least two student arrest has been made.
Princeton students erected a tent encampment in McCosh Courtyard early Thursday morning, joining a wave of pro-Palestinian sit-ins across the country. Princeton Public Safety has issued it’s first warning to protesters, and at least two student arrest has been made.
In preemptive move, U. says encampment protestors will likely be arrested and barred from campus
Miriam WaldvogelStudents participating in an encampment on campus will be arrested and “immediately” barred from University grounds, Vice President for Campus Life W. Rochelle Calhoun wrote in an email to undergraduates on Wednesday morning. The move serves as an unprecedented pre-emptive response to the growing trend of pro-Palestinian encampments that have gripped peer institutions.
Students participating in an encampment on campus will be arrested and “immediately” barred from University grounds, Vice President for Campus Life W. Rochelle Calhoun wrote in an email to undergraduates on Wednesday morning. The move serves as an unprecedented pre-emptive response to the growing trend of pro-Palestinian encampments that have gripped peer institutions.
