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...ridiculous if not imaginary distinctions between classes in Historical Studies B and departmental classes like History 1619: "The American Revolution". Similarly, contradictions within the Core abound. Couldn't a Literature and Arts B class on the Ottoman Court be listed as Foreign Cultures as well? Perhaps there is unnecessary overlap here, especially considering the sparse number of Foreign Cultures courses offered each semester, and their tendency to parse students into classes by virtue of their own ethnicity. And couldn't a philosophy department class suit a "moral reasoning" requirement just as well as Moral Reasoning 22: "Justice"? Consider the moral...

Author: By The CRIMSON Staff, | Title: Questions For Sidney Verba | 4/1/1997 | See Source »

...tuition rates and fees, agreed never to grant aid solely on the basis of a student's academic merit, and met to negotiate how much need-based financial aid should be offered to individual students accepted by two or more of the member institutions. Ostensibly the goal of this "Overlap Group," dismantled in 1991 after a two-year federal antitrust investigation, was to equalize the amount of money a given student's family would be required to contribute and thus keep price from clouding the student's decision. In practice, by liberating schools from price competition, the arrangement may have...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

Things got downright bitchy when Princeton, in October 1986, launched its Scholars Program, which awarded $1,000 "research" scholarships to top students regardless of need. According to the minutes of a January 1987 Overlap meeting, "everyone agreed that this program has caused much unhappiness at all levels of the administration at other schools." Princeton denied that the program was an end run around the Overlap pact. A Dartmouth official called the denial an act of "sophistry." Yale's president, Benno Schmidt, wrote, "This looks like a blatant merit scholarship to me," prompting Princeton's president, William Bowen, to sniff during...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

Surprisingly little of what went on during meetings of the Overlap Group ever made it into the press, but documents generated by the federal investigation challenge the popular view of academe as a bastion of high-minded collegiality. At regular intervals, financial-aid officers met to compare the aid packages each planned to offer individual students. When variances arose, the group agreed to split the difference. In one case, M.I.T.'s assistant aid director found himself compelled to increase a family's contribution more than 30%. Next to the student's name, he wrote, "Don't like it, but..." then...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

...Overlap arrangement, says Keith Leffler, a University of Washington antitrust economist who testified for the government, allowed member schools to raise their gross tuition (now often called the "sticker price") to very high levels without scaring off talented low-income students. The wealthiest students would come no matter what, and might even be attracted by the high prices. Says Leffler: "There's no doubt [Overlap] artificially inflated tuition prices...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

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