Why not reduce the number of accepted students?
According to the Admissions Department website, we aim for an incoming class of 1,070. 40% of the class is on financial aid with an average aid package of “nearly two-thirds” of the total cost of $36,000. If we reduce the incoming class by 50 students (2%), then 20 of those fifty students will be receiving, on average, $24,000 each. This totals $480,000 in savings. Keep in mind that this would in no way affect Dartmouth’s need-blind admissions policy, since we’re simply relying on the law of averages in deciding which students wouldn’t be accepted.
The savings would actually be MUCH greater than that because tuition is subsidized by the endowment (that was the original idea for this post, but I couldn’t find the percentages for that, so I can’t provide the dollar figures). This plan has the added benefit of eliminating (or at least reducing) the need for the Tree Houses.
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