From the Yale Herald:

When asked at the UOC meeting why the parental contribution was so high, [Deputy Provost Lloyd] Smith responded that Yale's policy is to expect families to share in "the joy of paying for a college education" and to make "lifestyle changes."

This makes me really angry. There are too many families out there who live under constant stress because both parents are working so many hours to pay for their child's education. My own dad is forced commute an hour and a half each way to work, at a time when he should be winding down and thinking about retirement. It is also terrible that we will lose bright young adults to jobs such as investment banking so that they can pay off college debts, instead of having them follow their passions into work that may not pay a lot, but be of great value. The Deputy Provost's comment would be bad enough if Yale needed to charge such a tuition in order to give us an extraordinary education. But this is not the case, as I will hopefully explain in the future.