Sunday, April 26, 2009

Tufts University Says Paying Students a ‘Plus’ in Budget Pinch - Janet Frankston Lorin, Bloomberg

For Tufts to take any student’s finances into account is another indication of how colleges throughout the U.S. are responding as endowment values plunge and operating budgets come under pressure, said Jonathan Reider, director of college counseling at San Francisco University High School. “Full pay was a plus,” said Coffin, who has held his post at Tufts since 2003 and teaches an admissions-policy class at Harvard University’s Graduate School of Education, in a phone interview. “It wasn’t the only reason that we took them.”