Word: krause
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...reason that GSAS student deserve a larger share of the pie than students in other schools. Furthermore, all income from the endowment has been spent on operating costs, and there is no money available for aid to graduate students. * Given that we all must tighten our belts, the Kraus plan is a valiant effort at compromise between the two extremes of opinion about aid to graduate education--those who call for totally merit-based funding and those who advocate a strict set of need criteria. We will not relinquish our merit scholarships; they are essential to the quality of graduate...
...Union's momentum went unnoticed, however, at the Faculty meeting one week before the strike, when administrators and professors met to discuss issues raised by the Kraus plan. The Union's demands and the entire thrust of the student protest never entered the Faculty's discussion, except peripherally when a Union member presented his position during the question and answer period. Instead, professors, deans and President Bok spent the entire afternoon discussing an official presentation of GSAS financial affairs, delivered by Edward T. Wilcox, acting dean of the GSAS...
...cover those who qualify for aid on the basis of need? Furthermore, if Harvard shifts completely to a need-based analysis for financial aid, what criteria should it use--parental income, personal resources, etc.? Finally, can Harvard and other private universities find a systematic solution, as standardized as the Kraus plan, to the future demands of financing graduate education...
...Union had been stronger the debate might have touched more closely on these questions. But even a majority of graduate students seemed unconvinced that the Kraus plan posed a threat. Wilcox told them that every student would receive more aid than they had under last year's program, and most decided that this assurance was sufficient. The 700 students who did join the Union included only 300 teaching fellows, hardly enough to disrupt normal class attendance. Undergraduates were equally unwilling to join the boycott; no more than 30 per cent observed the strike on any of its four days...
...months later, however, the administrators discovered that current and incoming students qualified collectively for almost half a million dollars more aid than Kraus had estimated. Graduate students at Harvard would actually fare more favorably than their counterparts at Yale and Berkeley. (It was still unclear whether the first-choice applicants had found Harvard's offers uniformly more attractive than others). All their earlier statements notwithstanding administrators would have to find the extra funds which they maintained were unavailable: the highly touted Kraus plan still created a deficit in the Faculty's 1973-74 budget...