Word: tuition
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Dates: during 1990-1999
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Director of MBA Admissions and Financial Aid James T. Millar said that the availability of tuition money is often a factor when students are deciding which business school to attend...
...tuition runs about $95,000 for two years--a lot to swallow without financial assistance for many budding business tycoons...
...Hazel Barkley, 18th-and-Vine's operations manager, is a believer. She tells her welfare-to-work employees they can rise as far as they set their mind to. (Sprint reimburses tuition for skill-boosting classes.) And she lets them know she herself started by working the phones. Yvette Johnson has already picked out a computer-spreadsheet class she wants to take during her daily noon-to-2 p.m. break, and she's aiming for management. "There's a lot of things we can do here," she says. "One thing I know, I won't be on welfare again...
...make more substantive changes. With a multi-billion dollar endowment that could support a prosperous small nation and the goal to educate the future leaders of the world, Harvard should not only follow the lead of other universities, it should lead them and institute a policy of reducing tuition. After an article in Time Magazine last March declared that if Harvard spent another percent of the endowment it could cut undergraduate tuition nearly in half, it has been a tantalizing notion...
While Harvard is clearly not prepared simply to halve or eliminate tuition, it seems reasonable that it can significantly improve financial aid packages without considerable financial consequences. It has been reported that Harvard's extra hours in the financial aid office this spring allowed them to woo graduating high school seniors with individual deals. Why not simply be open and fair and help all students with a more generous financial aid plan, generating both gratitude (a good quality in alumni) and good publicity...