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COPING WITH TODAY’S FINANCIAL LANDSCAPE
“That’s about a 9 percent increase at a time when we’re all trying very hard to keep our operational budget level,” Donahue said. “I will say we’ve certainly had to come up...
“There have been a lot of parents who have been losing jobs, and people have experienced all kinds of financial hardships that really make it difficult for them to come up with the amount we expected them to contribute,” Donahue said. ?...
eliminating the need for student loans in its aid packages. Instead, students’ financial needs are met with a combination of grant assistance and term-time jobs.
In 1993, Harvard and MIT created a coalition with dozens of universities and corporate partners to press for continued federal support for financial aid and research, according to Casey.