Word: tuition
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Dates: during 1990-1999
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...price of a college education continues to mount to astronomical levels. Last week, the University announced that the price of tuition will rise to nearly $29,000 next year. This is an increase of 4.8 percent over last year. While this is the lowest rate of increase since 1969, it is still higher than the rate of inflation. And though college tuition should should be allowed to rise faster than inflation because it is a service-based industry, Harvard should still minimize tuition increases...
Undoubtedly, Harvard offers undergraduates academic resources unmatched by any other university. We are appreciative of these resources and we realize that tuition and fees only cover half of the cost of our education. But we are also very concerned about the steadily rising cost of attending the College. This trend may put a Harvard education out of the price range of most middle-class Americans in the near future...
...those students who are accepted and choose to attend this school, and those of their parents, are therefore at the mercy of University administrators. (Not incidentally, it is the middle class students whose family and personal incomes fall just above the assistance line who are most burdened by rising tuition costs.) Given this assurance of payment, Harvard has an obligation to eliminate administrative fluff. The University bureaucracy is big and bloated, faulty investment of dollars which might otherwise have been allotted to student services...
Last week, MIT announced a similar 4.8 percent increase in tuition and fees, putting the total cost for tuition, room and board...
...result of the tuition increase, however, MIT plans to raise the amount of money students must earn on their own before receiving scholarship assistance by $450, according to a press release