Word: formulaã
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...judged the proposed formula??which would reduce aid for many Harvard students—to be an inappropriate constraint on us. We, of course, support the objective of maximizing the role of need in financial aid,” University spokesperson Joe Wrinn said...
...made us look downright stingy by doing away with loans entirely. Matching them tit-for-tat won’t do—Harvard, of all places, should never be caught playing catch-up for long. So I’d like to propose a new financial aid formula??you economists like formulas, don’t you?—to use for financial aid. If family income after taxes < $100,000 x # of children/family then tuition, room and board are free. Absolutely free. No loans, no mandatory work-study, no restrictions. Just plain free. It?...