January 15, 2008

Yale Follows Harvard in Announcing Big Student-Aid Jump

By Eric Hoover

Yale University said on Monday that it would reduce the average cost of studying in New Haven, Conn., by at least half for families with annual incomes below $120,000. The announcement came just a month after Harvard University announced a similar plan to reduce debt among students from middle- and upper-middle-income families (The Chronicle, December 11, 2007).

Under Yale's plan, most families who earn $60,000 to

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