Word: affordability
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Dates: during 2000-2009
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...Harvard’s recent wave of Financial Aid reforms include sweeping measures that have allowed students from low-income families to afford an Ivy League education. The Harvard Financial Aid Initiative has eliminated the entire cost of attendance for students whose annual family income is below $60,000. The most recent financial aid measures have extended these benefits to the middle class: the FAO has eliminated loans and the use of home equity as means to finance educational costs, and has also reduced the cost of attendance to 10 percent of income for families with incomes...
...associates had perceived that the costs of healthcare, energy, food, and other necessities were rising, and they wanted to make sure that their program was able to respond. While the first initiative was aimed at making a Harvard education accessible, the second was meant to make it affordable. Together these two measures began attracting a new kind of student: one who has worked his way through high school, one who babysat for her neighbors, and one whose parents can’t afford to cover their undergraduate educations...
...such a program cannot be conceived without changing government regulations concerning financial aid. Luckily, such regulations aren’t quite so detrimental to Harvard—an institution that can afford to replace loans with grants. But they can be disastrous for institutions that lack Harvard’s generous endowment. Professor of Eonomics Terry B. Long, who has been working with H&R Block on the FAFSA Simplification Study, says, “High levels of debt are deterring people from going to college at all.” She adds that people in the United States find...
...world and revitalize Washington’s stance in the international community, Obama must be pragmatic but also remain true to the ideals of political and economic freedoms and human rights that America once helped make into international law. Neither the superpower nor the rest of the world can afford another obtuse administration—it may sound trite, but the stakes are just too high...
...that will come back to haunt them.’” With 20-20 hindsight, that 24-22 loss to the Bears could be the difference-maker in terms of a Crimson Ivy championship repeat—though Brown’s loss to Yale Saturday affords Harvard a shot at a share of the title. But going into the home stretch of the Ivy schedule, the Crimson will have to perfect its special teams play for its final contests at Penn and against Yale at home. The Quakers’ top returner, defensive back Chris Wynn, averages...