"Objectively Unfair": a Report on Financial Aid at Yale
YALE HAS ENJOYED REMARKABLE FINANCIAL SUCCESS in the past several years. The university emerged from the 2014-2015 school year with a budget surplus of $194 million, and its endowment earned a staggering $2.6 billion in investment gains for the year ending June 30, 2015, finishing the year at $25.6 billion. Yet despite this success, Yale has continued to impose higher and higher financial demands on students who receive financial aid by increasing the contribution it expects these students to pay in addition to their family's expected contribution. The effect of this contribution is that 52% of the undergraduate student body faces the expectation that they must work more and pay more than their peers at greater cost to their education.
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