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...natural reaction when I read that a family making $180,000 per annum will possibly qualify for financial aid is to cringe. But Harvard’s recent announcement that, along with eliminating all loans, it will provide aid for some families earning between $120,000 and 180,00, gave me new rise. In some cases, a family earning $180,000 might only be responsible for paying ten percent of their income, which is not even half the cost of a full tuition. My gut tells me that it is a lot of money, earned by a small percentage...

Author: By Robert G. King | Title: Aid for the Affluent | 12/13/2007 | See Source »

Harvard has once again vaulted ahead of its peers in eliminating socioeconomic barriers to attending college. This time, the University made three different improvements that totaled to a $22 million per year increase in Harvard College’s financial aid budget. The headliner was a vast increase in aid to middle and upper-middle class students. But just as important are Harvard’s termination of loan-based aid and the exclusion of home equity from aid calculations. The new policy will limit annual tuition payments to no more than 10 percent of income for families making between...

Author: By The Crimson Staff | Title: A Revolution in Financial Aid | 12/13/2007 | See Source »

...executive vice-president of the Jack Kent Cooke Foundation, which awarded Woo a scholarship of up to $30,000 per year, said the challenges Woo faces financially are shared by community college transfers at any school...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Mixed Blessings for Student Mother | 12/13/2007 | See Source »

...childcare vouchers, she says, are worth $43.50 per day, and Amarrah is there five days a week. The food stamps’ value per month varies depending on her income, but they average around $260, she says...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Mixed Blessings for Student Mother | 12/13/2007 | See Source »

...arrival, Venezuelans have witnessed both the deepening of their country’s democratic fabric, as well as the concentration of power in the persona and the position of the presidency. This first trend deserves to be celebrated. Through his government’s aggressive social programs (real per capita social spending increased by 30 percent% from 1998 to 2004) , Venezuela’s pernicious levels of inequality and poverty are being engaged, even if gradually. Perhaps more impressively, communal councils and workplace cooperatives (as of 2006, 100,000 cooperatives employing 700,000 workers) have sprung up in an ambitious...

Author: By Adaner Usmani | Title: The Revolution in Venezuela | 12/13/2007 | See Source »

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