Word: knowleses
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Radcliffe Board of Trustees Chair Nancy-Beth G. Sheerr '71 and Dean of the Faculty Jeremy R. Knowles were not in Cambridge earlier this week, and Dunn leaves for vacation today.
"Above all, predictability is a virtue," Knowles says. "I want to avoid sharp changes in tuition from year to year."
Median family income should rise faster than tuition to enable families to afford the tuition increases, according to Knowles.
But because the calculations which led to this trend are so subjective--and have been made easier by a ballooning endowment--Knowles is not tightly constrained in seeking this pleasant outcome.
For example, at Princeton a committee that includes students, faculty, administrators and staff--in sharp contrast to Harvard empowering Knowles, subject to approval by the corporation--determines the rate, taking numerous factors into account.