Harvard Will Make Tuition Free for More Students
nytimes.comHarvard has never needed to charge a single student tuition at any point in my lifetime, it's just a polite fiction over their real business (as a tax exempt hedge fund that launders prestige for its connected donors). Note that they would never take advantage of their financial situation by admitting more students, because that would go against their real goals as an institution.
Does this mean that nobody will be paying for their education at Harvard anymore.
Somewhere around 80% ¹of the households in the US make less than $200.000 commbined.
If being accpeted as a student is fully merit based, the pool of outstanding students in the 80% pool should be more than large enough to consume all available spots.
Then nobody would be paying?
¹ https://worldpopulationreview.com/state-rankings/percentage-... https://www.statista.com/statistics/758502/percentage-distri...
43% of Harvard students are legacies. I am fairly confident that a lot less than 80% of Harvard legacy admissions have less than $200,000 family income.
Nice they’re expanding it to include more people. When I was looking at applying to colleges one of the major themes I saw about going to ivy schools is culture differences. You’re mixing low income students with middle and higher. Their life experiences and how they relate to each other can be very different. That can definitely affect academic success and degree completion
It’ll be interesting to see if these programs can continue with the shifting funding landscape in higher education. With government money no longer being a guarantee I could see a lot of places stepping back from these kind of programs.
Maybe others will, but the Harvard endowment is $53B. The anti-DEI sentiment and environment might affect things but the threat of funding cuts is fairly minor.