Quote:
Originally Posted by PeppyGPhiB
Speaking as someone who went to one of the most pricey of the very pricey private schools, that's a load of crap. Never did my school, or I doubt very many schools other than the Ivies that now cover tuition, try to snow people when it came to cost. Yes, many private schools have nice endowments and give great financial aid, but the ones I'm familiar with also take the financial investment by students and their parents very seriously. I know of only a handful of very unique universities that can pay every student's way, and the only ones I've heard state that cost won't be a factor in attending are Harvard and one of the other Ivies. Money is ALWAYS a factor, it's just not an overriding factor for some.
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I second this. Many schools claim they have the money for every student but it's not always the case. Especially in this economic time. When the economy first took a downturn, many schools were affected. The only schools people thought had untouchable endowments were Harvard and Yale.
They were wrong. Because they lost 22% and 13% of their endowments respectively. Princeton cut their budget. NYU lost $24 million in the Madoff scandal. Financial Aid is going to be tough for the next year or two at least.
That being said, you don't have to make a chapter announcement. just talk to membership.