Word: recently
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Dates: during 1980-1989
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...Harvard, a conservative management strategy for the endowment has contributed to the tuition increase, officials say. In recent years, the $4 billion endowment has paid for an increasingly small percentage of total expenses, and other forms of income--mainly tuition--have had to make up the difference...
Administrators say that maintenance and recent renovations on houses and dorms have also weighed heavily in tuition increases. Next year, administrators say they expect room and board fees will reflect these renovation costs even more...
Administrators say it is difficult to dip into the endowment to pay brick-and-mortar costs, because donors often earmark their gifts to Harvard for other projects. The Harvard Campaign, a recent fund drive, set a goal of $12 million for the houses and dorms, but raised only...
Another trend straining universities' pocketbooks in recent years is falling federal funding. Hauptman says that budget cuts under the Reagan administration have forced colleges to place greater financial burdens on students who can afford to pay full tuition. Scott says Harvard has experienced a similar "cost shift...
...Huidekoper and FAS Assistant Dean Candace R. Corvey offer a different assessment, saying that because Harvard is able to solicit outside gifts for scholarships and financial aid, some students don't subsidize other students. A recent FAS fund drive that hoped to raise $24 million for scholarships ultimately reaped $37.6 million...