Word: tuitions
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...would wind up here. Growing up in a military family, he felt compelled to carry on the family tradition. "The 'duty to serve your country' kind of thing was instilled me as a child," he reminisces. "And then there also was the issue of scholarship-[the government] pays for tuition, books, fees, and so on." For others, the money factor was key in drawing them into ROTC and devoting years of their lives to the armed services. For Richard J. Goodier '01, the scholarship has given him the opportunity to go to Harvard. "ROTC was one of the very...
...World Bank is aiding KSG in its efforts to create a class of students from around the world. The organization is sponsoring 15 students from developing countries in each incoming class, paying for these students' tuition in the school and giving them a monthly $1200 stipend for living expenses. These students must then return to a developing country after graduation...
Williams held its tuition flat by paying more of its bills with the investment profits on its $1.1 billion endowment and with contributions from alumni. But college officials who oppose using endowments to freeze tuition say the students most vulnerable to hikes are not affected by them. "If we were to keep tuition constant, would it change the situation here for students in need?" asks Princeton president Harold Shapiro. "No, because their tuition is fully covered." The school plans to boost scholarships to needy students this year as much as $2,250 a person...
...sure, there is no shortage of families who can afford elite institutions. Despite annual tuition hikes at Harvard, its applicant pool swelled from 13,029 in 1992 to 18,167 last year. Families that equate price with quality have allowed costs at elite schools to be on "autopilot," says Gordon Winston, an economist at Williams College. Most wealthy families can afford the high tuitions, and poor families get financial aid, but middle-income families get squeezed--and even squeezed...
...reason colleges are curbing tuition increases is to attract those middle-income students. Rice University in Houston uses its $3 billion endowment to guarantee that tuition for sophomores, juniors and seniors will not leap ahead of the consumer price index. Another reason for restraint is concern that public outrage will prompt government intervention. Congress is already tackling the issue during two days of hearings this week, and President Clinton recently proposed a $31 billion package to make higher education more affordable. Now if only someone could do something about campus parking...