February 21, 2001
11:02 AM
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Go Princeton!Student loans will become grants for any who can't afford $134K for 4 years. How relevant attending college is--except for networking and the social milieu I guess--for the post-Internet teen I'm not sure. But anything which makes information and education more available and less tied to income is a fine thing.
posted by aflakete (23 comments total)
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(Note: Obviously there are many careers requiring the learning of actual information, such as those involving hard science, for which college is absolutely necessary.)
Anyway, I predict this won't last. Princeton can afford this now due to a combination of wealthy alumni giving big contributions and some very-well-managed investments. When the next recession hits big, this program will be the first to be jettisoned.
It is a good idea in general, though.
posted by aaron at 11:13 AM on February 21, 2001