Word: tuition
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Dates: during 1990-1999
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Harvard loves mid-career students because their hands-on experience gives graduate school professors a chance to do research without leaving the classroom. And it does not hurt that mid-career programs bring in bales of money--the top three programs took in over $75 million in tuition last year alone. In some cases, these programs pay for themselves, with funding dollars left over...
Harvard foresees spending close to $90 million in aid this academic year-spending that is consonant with skyrocketing tuition. The price of a degree has quintupled since 1977 and continues to rise at about 4 percent per year...
Secretary of the Faculty John B. Fox '59 says that although the University began using tuition revenue for financial aid in the 1950s, it was not until the 1960s and 1970s that aid was "officially uncoupled from academic performance...
...yesterday's announcement ushers forth a new phase in financial aid development--one that, in light of reforms at other leading universities last year, will help Harvard compete for the growing number of qualified applicants unable to pay full tuition...
...entire sum of outside scholarships will also now be put toward a reduction of a student's tuition burden. Under the old system, students could keep just 40 cents of every dollar won. The new system will relieve some of the burden currently placed on students to fund their own education through work or loans...