Universities of the World: Princeton

princeton

Princeton University is a private research university located in Princeton, New Jersey. One of the 8 Ivy League universities, it currently has 7,567 students enrolled, and was the fourth chartered institution of higher education in the United States.

Princeton boasts the largest endowment on a per-student basis in the world, allowing it, in 2001, to become the first university to eliminate the need for loans for all students who qualify for financial aid.

This unique combination of economic accessibility and academic prestige makes Princeton stand apart from many of its Ivy League peers. If you find yourself one of the lucky 7.86% of undergraduate applicants who are admitted, you can breathe a sigh of relief, as U.S. News & World Report and Princeton Review both cite Princeton as the university that has the fewest amount of students who graduate with debt of any kind.

Kiplinger magazine named Princeton the best value among private universities, pointing to an average graduating debt of only $4,957 USD, “about one fifth the average debt of students who borrow at all private schools”.

This is certainly a luxury, seeing that the average graduating debt for students in the United States has soared to an astonishing $27,000 USD in recent years.

Notable Alumni:

Heads of State:

  • Fakhruddin Ahmed – Interim Prime Minister of Bangladesh, 2007-2009
  • Chung Un-chan – Prime Minster of South Korea, 2009-2010
  • Grover Cleveland – President of the United States, 1885-1889, 1893-1897
  • James Madison – President of the United States, 1809-1817
  • Syngman Rhee – President of South Korea, 1948-1960
  • Woodrow Wilson – President of the United States, 1913-1921

Business:

  • Jeff Bezos – Founder of Amazon.com
  • Eric Schmidt – Former CEO of Google, 136th-wealthiest person in the world in 2011
  • Steve Forbes – Son of Malcolm Forbes, businessman and publisher of Forbes magazine
  • William Clay Ford, Jr. – Executive Chairman of the Board of Directors Ford Motor Company
  • Donold Lourie – President and CEO of Quaker Oats Company
  • Meg Whitman – CEO of eBay and Hewlett-Packard

Arts:

  • Thornton Wilder – Writer and playwright, three-time Pulitzer Prize-winner
  • Ethan Cohen – Academy Award-winning filmmaker, one of the Cohen Brothers
  • David Duchovny – Actor, best known for X-Files

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