Word: hiked
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It’s easy to complain about the 4.9 percent tuition hike for Harvard undergraduates announced last Thursday. None of us (or our parents) are particularly excited about paying $1,681 more next year, especially with our $18.3 billion endowment far exceeding that of any other school in the nation...
Given that the announced tuition hike is here to stay, the University should devote the new revenue directly to initiatives such as an expanded freshman seminar program, to more choice in the Core, and to a larger Faculty that is more involved in undergraduate education. It should also account for the difficulty its unexpectedly high increase will cause many families during the current economic slump, especially those that are on the cusp of receiving financial aid. Those who already qualify for aid should receive adjusted packages—as the office has said they will—and they should...
...freshman seminars, a larger Faculty and expanded financial aid—the administration’s well-publicized selling points. Nevertheless, the University has a history of raising the financial burden on undergraduates without a commensurate rise in the quality of their educational experience; this year’s hike is symptomatic of a larger problem...
...adjusted 2002 dollars. Next year, we will pay $25,954 in tuition alone. During this same period, the inflation-adjusted endowment climbed more than six-fold, from just under $3 billion in 1982 ($1.6 billion before inflation) to $18.3 billion today. Although Harvard is certainly not alone in tuition hikes far outpacing inflation—many top private Universities have similar tuition histories—this fact is less an excuse for Harvard than evidence of a nation-wide malady. Whatever the causes of runaway tuition at the national level, the result is that Harvard has little incentive to keeps...
...suspect that the benefits to undergraduates will not warrant the magnitude of this increase. Although we support hiring more professors to reduce class sizes and increase student-faculty interaction, the lack of available space makes it unlikely that enough professors would be hired to justify this tuition hike. During the 11-year term of outgoing Dean of the Faculty of Arts and Sciences (FAS) Jeremy R. Knowles, the size of the senior Faculty increased by only 50—an average of less than five per year...