Word: uppers
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...This history of the [poet] laureate is from Roman times,” says Redmond. “But it was always an upper class thing...
DREW GILPIN FAUST, president of Harvard, on the university's move to significantly increase financial aid to middle- and upper-middle-class students...
...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 aid. Then, on an open-list, I read a seemingly valid argument against giving such aid to the upper middle classes. The argument goes something like this: Families earning $180,000 per year with long-term spending habits that don’t include saving (presumably because they are conspicuous consumers), are going to be effectively subsidized by Harvard under the new policy. The flipside, of course, is that more...
...vaulted ahead of its peers in eliminating socioeconomic barriers to attending college. This time, the University made three different improvements that totaled to a $22 million per year increase in Harvard College’s 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...
...ultimate effect of Harvard’s new plan. I wear old T-shirts, and they suit me just fine. Others wear designer clothing and there is nothing wrong with that. What is wrong is asking alumni to contribute to the embarrassment of riches already bestowed upon the American upper class. I will not do so, and I encourage others to withhold their contributions as well. ANDREW L. KALLOCH ‘06 Cambridge, MA December...