Financial aid for the first lady
A s she campaigns for her husband on the trail, first lady Michelle Obama ’85 frequently references the “mountain of debt” the Obamas accrued as they pursued higher education. At last month’s fundraiser in Princeton Township, Obama included a reference to the student loan debt from her alma mater in her stump speech.“In fact, when we were first married ... our combined monthly student loan bills were actually higher than our mortgage,” Obama said. “Thank you, Princeton.”Though she rarely mentions Princeton by name, the personal anecdote is a consistent part of her campaign message. But Princeton financial aid officers from when she was a student said that, though their policy has changed significantly since, the University’s financial aid offerings in the 1980s were relatively competitive.




