Word: hikes
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Dates: during 2000-2009
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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...
...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...
...more important question to ask is with what force PSLM is operating. A few weeks ago, President Lawrence H. Summers approved an unprecedented wage hike, largely because last year’s unlawful occupation of Mass. Hall prompted the formation of the Harvard Committee on Employment and Contracting Policies...
Early this month Acting Governor Jane Swift fired two MTA board members, Christy Mihos and Jordan Levy, after they voted down a toll hike that would have helped pay for the growing cost...