Word: tuitions
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Dates: during 1970-1979
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...distressed that my classmate R. Jerrold Gibson '51, director of the Office of Fiscal Services, should so casually dismiss the proposal of Boston University's President John R. Silber for a tuition advance fund. Harvard's endowment, twice its nearest competitor, may yield immunity from the problems of financing higher education but the rest of the nation is not so blessed. Mr. Gibson's contempt for this plan, however, was not shared by his Harvard colleagues in 1968. As one of Dean Ebert's associate deans at Harvard Medical School in that era, I helped the dean promote the national...
...hard to obtain. Even the divestiture process itself would cost a great deal of money. Without for a moment agreeing wholeheartedly with the Corporation's decision of April 27, I have to ask whether students have thought about what total divestiture might actually mean. In brief, it might increase tuition...
Moral rectitude always costs a great deal on many levels. If students sincerely want Harvard out of South Africa, why has no on initiated a campaign for student pledges to bear whatever tuition hikes total divestiture might require...
Again, let me emphasize that I personally feel that economic starvation alone will bring white South Africa to its knees, so I sympathize with student demands for total divestiture. But I hardly think that a Corporation decision for divestiture swiftly followed by the announcement of, say, an additional $500 tuition increase next fall would draw hosannas from the Houses. Yet nothing could so dramatically illustrate the fact that every student at this University benefits directly from the proceeds of Harvard's endowment--including those from South Africa...
Therefore, it would seem that if the University does divest itself of its South African holdings, it should use this freed money to defray tuition costs, thus lowering or stabilizing tuition, rather than reinvesting it in different company stock. Stanley Hilton Harvard Business School Student