Yale in WashPo, NYT, and More Rick Levin at Yale seems to have stolen some Harvard headlines; today, the Washington Post covers Levin's announcement that Yale will start spending more of its endowment on financial aid and investments in science. And the Times covers the announcement as well.

“The folks in Washington are saying you’re hoarding money, and we felt uneasy about it ourselves,” Dr. Levin said. “We had been talking about it, frankly, for a couple of years.”

Levin declined to specify what Yale will do regarding financial aid, but indicated that an announcement will be forthcoming.

“When all is said and done, people are not going to be choosing between Yale and Harvard based on cost,” Dr. Levin said.

There are hints that Yale will not only see Harvard's aid extension to families making up to $180,000 a year, but raise it to $200,000.....
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