February 23, 2001

Is Princeton Acting Like a Church or a Car Dealer?

By GORDON C. WINSTON

Nothing illustrates the deep economic contradiction in U.S. higher education better than Princeton University's recent announcement that it would eliminate all loans in its financial-aid packages and instead offer outright grants. That's just for undergraduate students. The university also plans to be more generous to graduate students; first-year Ph.D. students in science and engineering will receive full tuition along with increased stipends for living expenses.

Princeton's actions

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