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...Elected officials campaign on their ability to keep public resources flowing in - Calabria alone gets $95 million a year to fund the socially useful jobs program - and claim victory when their area continues to be classified as backward. That label qualifies the Mezzogiorno for $4.2 billion in European Union aid, as well as another $12.8 billion from Rome's coffers. "Politicians have an interest in maintaining the status quo," he says. "There is no clear road map for bringing real development...
...reporters wanted to address important issues at Harvard and other college campuses that affect students, there are plenty of topics they could—and should—cover. For instance, I would recommend they write about the new financial aid policies, particularly for those students who want to go into public service-oriented careers but were previously financially constrained from doing so. They might report on how endowments are spent at different colleges. They might investigate the flawed arguments some politicians are leveling against rich colleges like Harvard for raising their tuition, when aid is so generous that most...
...seeks to rectify that by guaranteeing a tuition-free third year—a psychological frame shift that will hopefully make a public sector career seem more manageable in terms of debt resolution. By combating the pay disparity between such jobs and more lucrative corporate opportunities, this new tuition aid commendably “levels the field,” allowing students to be motivated more by the content of their careers than by pay scales...
Harvard Medical School joined the recent parade of good news on the topic of financial aid, announcing a plan to expand aid grants in order to eliminate any expected “family contribution” toward its $65,000 tuition for students whose families have annual incomes under $120,000. According to the medical school, the change will benefit a third of currently enrolled students. While eligible individuals will still be on the hook for $24,500 of the school’s tuition in the form of loans, the initiative represents an admirable step toward ensuring that cost...
...demonstrated “more powerful” qualifications overall than in years past. “It’s definitely the most competitive of the 25 years we have data for,” he said. Shain suggested that recent trends in higher education like refurbished financial aid packages have made it more difficult to predict yields. “There could be quite a lot of waitlist action because so many schools are doing things differently than in the past,” he said. “No one knows what kind of impact that will...