Word: tuition
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Dates: during 1960-1969
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...course the existence of rapidly growing surpluses of qualified candidates has made it easy so far to take the continuous-tuition-increase road, but easy money is dangerous money, for institutions as well as individuals...
...comments on Dean Bender's report, Stephen F. Jencks is in error when he states that "only after the very latest tuition rise has the Faculty diverted any of the increase funds to the service of the scholarship office...
...former Dean warned against taking "the continuous-tuition-increase road," saying that "easy money is dangerous money, for institutions as well as individuals...
...scholarship applicants almost doubled. Harvard is inexorably becoming an upper-middle class college, and because it cannot hope to maintain the rate of increase in aid that it reached in the last decade, the situation is going to get worse with increasing rapidity. (Since Bender wrote his report, tuition has rise another $200, and scholarship holders were forced to absorb about a third of the increase...
...twin problems of finances and excessive emphasis on brains finds no explicit statement, but woven through Bender's entire report is a line highly critical of the entire Faculty. The reason we are in danger of becoming an upper class institution is that costs have not been controlled; the tuition increases are diverted entirely into increasing the Faculty's operating budget (only after the very latest tuition rise has the Faculty diverted any of the increased funds to the service of the scholarship office). And the Faculty's increasingly academic image of success is, he maintains, the result of academic...