Word: tuitions
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...Corporation last week approved tuition for 1988-89 of $18,210, a 6.5 percent hike over last year's figure. The explanations for the hike, which once again greatly outpaces inflation, deserve to be viewed with skepticism...
Over the past several years, Harvard has sought to justify its tuition hikes with the argument that they have had to take on more of a burden because of the Reagan Administration's attempts to slash federal funds for higher education. However, Congress has never agreed to these cuts in the past and, in fact, is about to approve an education budget granting record amounts for student aid and for scientific research...
Although the federal government has steadilycut student financial aid over the past few years,College financial administrators predictedyesterday that this year's tuition increase wouldnot hurt the two-thirds of the student populationthat receive financial...
Candace R. Corvey, associate dean for finance,said Harvard has drawn increasing sums from itsendowment to supplement tuition for the pastseveral years. Corvey said that while students'fees will always make up much of the Collegebudget, the endowment is used to shield studentsfrom the full effects of constantly rising costs...
This year, about half the budget of the Facultyof Arts and Sciences came from tuition payments.Endowment income, government grants, and privategifts provide the remainder