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...University said this week that families who earn between $120,000 and $180,000—“middle-income” families—will only have to pay 10 percent of their income as tuition starting next year. Loan expectations for all students will be eliminated as well...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: New Aid Initiative May Lower Admission Rate | 12/14/2007 | See Source »

...loans, it will provide aid for some families earning between $120,000 and 180,00, gave me new rise. In some cases, a family earning $180,000 might only be responsible for paying ten percent of their income, which is not even half the cost of a full tuition. My gut tells me that it is a lot of money, earned by a small percentage of the populace, and that it is money that could surely be better spent. But given the average price of attending a private school it is hard to argue against any sort of financial...

Author: By Robert G. King | Title: Aid for the Affluent | 12/13/2007 | See Source »

...financial aid budget. The headliner was a vast increase in aid to middle and upper-middle class students. But just as important are Harvard’s termination of loan-based aid and the exclusion of home equity from aid calculations. The new policy will limit annual tuition payments to no more than 10 percent of income for families making between $120,000 and $180,000 annually, reducing tuition payments for families in that bracket by several thousand dollars per term. The University also announced that it will increase financial support for graduate students in order to make Harvard more...

Author: By The Crimson Staff | Title: A Revolution in Financial Aid | 12/13/2007 | See Source »

...year. However, I am deeply dismayed by Harvard’s gleeful announcement today that it is increasing its financial aid for families making up to $180,000. Now, those families will only be required to pay 10 percent of their income to the College in tuition, instead of 16 percent. Let me be the first, but surely not the last, Harvard alumnus to state that as long as the University gives aid to families in that income bracket, I will not give one penny to the University. Enabling families to buy second homes, SUVs, and designer clothing...

Author: By Andrew L. Kalloch | Title: Financial Aid Supports Embarrassment of Riches | 12/13/2007 | See Source »

...Iraq, the economy, abortion—these are the issues that drive people to vote. What issues do we feel that way about here? The UC is supposed to represent our interests. What if a candidate ran on pushing the administration for entirely free tuition? Pressuring the College to recognize and support the ROTC program? Representing students in the execution of the new General Education requirements? Speeding up the calendar reform implementation process? Guaranteeing more funding for student groups (not for alcohol, but for the Phillips Brook House to subsidize more undergraduate charity work, or for CityStep to get more...

Author: By Derek Flanzraich | Title: Why We Didn’t Care Any More | 12/13/2007 | See Source »

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