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>>>Actually, for most that is true. It really depends on the career choice. With grants and student loans it is possible. My co-worker's sons both went to Harvard on student loans. The benefit Ivy league students get is when they graduate - family connections and the degree can get your foot in the door of some companies - especially when the competition is tough.
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>>And at a lot of the top schools now (I'm pretty sure Harvard's one of them), loans have been replaced with grants, so that the kids come out debt-free.
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>Yale and Princeton are at the top of that list. I find that interesting because aren't they known as the most "old money" of the Ivy League schools?
I think Harvard, Yale and Princeton all have the old money reputation. Can't speak to the others, but the kids we met at Yale came from a variety of economic backgrounds. However, I don't know whether it was Nathaniel's crowd in particular, but what seemed a disproportionate number had lived overseas at some point. Some because parents worked there, some in exchange programs.
A quick check on the Yale website shows that more than 50% of Yale undergrads get need-based aid.
Tamar
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