Princeton Eliminates Tuition for Families Making $250,000 a Year

Princeton University is expanding its financial aid program, announcing that most students from households making as much as $250,000 a year won’t pay tuition starting this fall.

Princeton also saidfamilies making $150,000 or less will have tuition and expenses covered. It’s part of the school’s plan to boost its overall financial aid spending for undergraduate students by about 16% to $327 million for the 2025-26 academic year, according to a statement.

Read more: Top Colleges Are Too Costly Even for Parents Making $300,000

The increased financial aid for middle-class families comes after rival schools including Harvard, the ...