Harvard and Yale have such huge endowments that they could easily exist for generations without charging ANY tuition, but as long as Uncle Sugar guarantees the loans why not?
“Harvard and Yale have such huge endowments that they could easily exist for generations without charging ANY tuition”
FYI, Harvard, Yale and Stanford charge zero tuition for any student whose parents make less than 100k. They provide free room and board if the parents make less than 60k. There is a sliding scale formula for points in between with all aid ceasing at 220k.