Word: tuitions
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Dates: during 1970-1979
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...argument that endowment money must be kept distinct from tuition costs seems unsound. There is no inherent necessity for this, nor has it been adequately explained why over a billion dollars must be invested. It would seem that the Corporation could easily cut tuition costs by using its endowment appropriately, if it chose...
...rising costs of tuition here are rapidly making this university an unthinkable investment for many poor and even middle class families, thus effectively restricting access to the children of the well-to-do. As Caroline Bird has argued in The Case Against College, more and more families are questioning the worth of a private college education, in light of the ever-rising tuition costs, in this Age of Inflation...
State universities, by contrast, typically charge annual tuition fees in mere hundreds of dollars. Can there be that much of a difference in the quality of education at such schools, versus that at private schools such as Harvard? While it is true that state schools receive grants from state governments to defray tuition costs, it is most questionable whether the amount of such grants even rivals the amount of Harvard's enormous endowment. If state schools can lower their tuition prices charged students, why can't private universities do likewise? It is one thing for a tiny private university...
Another argument frequently used by certain private schools to defend their financial policies is that some of the students' tuition fees are used to support research and laboratory work in another part of the University unrelated to the students' own field. For example, undergrads' fees may be used to help defray the extra cost of a medical student's education, or a laboratory worker's research. The question is, why should undergrads' fees be used to support this activity extraneous to their own education, when in fact the University in question could use part of its own endowment...
Because students' tuition fees are used to pay for something which could have been paid for by endowment funds, (thus freeing endowment funds to buy stock in South African-affiliated companies), the University is in effect using students' tuition fees to invest in these South Africa affiliated companies...