12 thoughts on “Pomona and Swarthmore Go No-Loans

  1. Anonymous

    bradley – this is interesting information, but the majority of colleges nation-wide aren’t eliminating loans, which is what this discussion is about. Wesleyan itself may not be in that terrible a spot, but it’s loan-requiring, $50k-per-year spending students kind of are.

  2. Anonymous

    bradley – this is interesting information, but the majority of colleges nation-wide aren’t eliminating loans, which is what this discussion is about. Wesleyan itself may not be in that terrible a spot, but it’s loan-requiring, $50k-per-year spending students kind of are.

  3. Bradley

    To 4:35, if we look at Wes’ financial situation in a larger context, the university isn’t particularly poor at all. It’s approx. 750 Million USD endowment does put it in the bottom 20% of it’s 20 or so peer institutions, which is certainly a problem(though one being addressed,) but in the larger landscape of educational institutions, Wes isn’t in that terrible a spot. Anecdotally, Wes has about $260,000/student while nearby trinity college(which is, admittedly less prestigious) has about $170,000/student. We don’t have the endowment we want, nor is it commensurate with the endowment a college like ours should have, but ultimately we’re financially stable and in a better situation than the vast majority of colleges nation-wide.

  4. Bradley

    To 4:35, if we look at Wes’ financial situation in a larger context, the university isn’t particularly poor at all. It’s approx. 750 Million USD endowment does put it in the bottom 20% of it’s 20 or so peer institutions, which is certainly a problem(though one being addressed,) but in the larger landscape of educational institutions, Wes isn’t in that terrible a spot.

    Anecdotally, Wes has about $260,000/student while nearby trinity college(which is, admittedly less prestigious) has about $170,000/student.

    We don’t have the endowment we want, nor is it commensurate with the endowment a college like ours should have, but ultimately we’re financially stable and in a better situation than the vast majority of colleges nation-wide.

  5. Anonymous

    Harvard, Yale, Princeton, Brown, Penn, Cornell, Stanford, Williams, Amherst, and at least 6 other schools have endowments that are so large they could eliminate tuition room and board for all their students starting today and going forward and not have it hurt them financially at all. It’s such a joke.

  6. Anonymous

    Harvard, Yale, Princeton, Brown, Penn, Cornell, Stanford, Williams, Amherst, and at least 6 other schools have endowments that are so large they could eliminate tuition room and board for all their students starting today and going forward and not have it hurt them financially at all. It’s such a joke.

  7. Anonymous

    Or Princeton’s. Did you know that they have to start spending more every year or risk losing their non-profit status?

  8. Anonymous

    Or Princeton’s. Did you know that they have to start spending more every year or risk losing their non-profit status?

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