[tinier_subsets]

> Ivy schools have options - lower prestige to increase enrollment, or lean on prestige and endowments to raise prices.

Ivies aren’t dependent on tuition at all. All have need-blind admissions and most offer full rides to anyone accepted who couldn’t pay otherwise. Penn just updated its income thresholds to provide guaranteed full tuition scholarships to families earning less than 200k a year and budgeted over $300m/year to cover it. These aren’t the box-top Us you’re looking for.

[giantg2]

Based on history, ivy schools have substantially increased enrollment to bolster endowment, so it seems that's the track they're taking.