Earlier quoted context omitted.
> if you aren't affluent enough to afford Harvard tuition, or if you don't have a full scholarship, Harvard tuition is not worth the degree and student loans you end up with. Ivy League schools are famously generous with financial aid. If the tuition cost is an issue for your family, odds are that you won’t be paying sticker price. It would not be uncommon for a typical “middle class” family (not upper middle class,…
>Ivy League schools are famously generous with financial aid. That requires quite a bit of qualification on your part. Ivy League schools will allocate a certain number of seats to allow those with the grades but without the means to attend the school. I guess that's generous, but let's not overstate this generosity. They need a lot more students paying full price. >If the tuition cost is an issue for your family, od…
Incorrect. All of the Ivies perform need-blind admissions for US citizens; they make an admissions decision without knowing whether the student will need financial aid (which is determined according to a formula). Harvard, Princeton, and Yale are furthermore need-blind for all non-American applicants, while the others look at need for a varying selections of non-American.
https://www.forsterthomas.com/admissionsconsultingblog/which...
Obviously, this is possible because they have huge endowments (they could do just fine charging zero tuition) and they know that statistically a large fraction of the admits will come from very wealthy families that will pay most/all of tuition.