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...excelled in one notable area this year: financial aid. Most remarkable was the December expansion of financial aid, which eliminated loan-based aid in favor of grants, stopped including home equity in loan calculations, and guaranteed that families making from $120,000 to $180,000 would pay only 10 percent of their income to send a child to college. This program will benefit students as well as the university as a whole, allowing it to recruit and admit students that would be otherwise unable to attend. The trend toward expansion of financial aid was also seen in initiatives at Harvard...
...fall of 1957, the dean of freshmen told the incoming class to relax—only three percent of them would fail...
...Robert E. Rubin ’60, who had just arrived at Harvard from a Florida public school, said this week that he worried that he would be among that three percent...
...These individuals rely on the uncompensated charity of living organ donors, or, more commonly, the consenting donations of deceased persons. The average wait time is over five years and demand for donated kidneys is constantly unmatched by supply, leading to a current mortality rate of about 30 percent of transplant waiting list candidates...
...lives by increasing the supply of kidneys available for transplant—but most Americans probably value their kidneys at more than $6,000. Even more effective would be a system that allowed persons who consent to donate their organs upon death to bequeath their compensation. Currently only 35 percent of licensed drivers and ID card holders register to be organ donors. One would expect many more Americans to register if it meant that this would swell the inheritance they leave behind by several thousand dollars...