Cappy is quoted in the Sunday edition of The New York Times speaking about how the financial crisis will affect college tuition. According to the article, some schools including Vassar "may halt construction and freeze hiring" in order to provide students with more financial aid.
Cappy says that Vassar is spending $1 million more on financial aid this school year than originally planned, and will spend $6 million more for 2009-2010. This "means cutting elsewhere, including offering 60 fewer courses and raising the average class size."
"The commitment to financial aid is that those really are the best, most interesting students," Cappy says.
Victoria Marquette '10 is also quoted in the article on Vassar's willingness to accommodate her family's new financial situation.
In other news, Vassar is also mentioned in tomorrow's Times in an article about Anne Hathaway.