Harvard University announced on Monday that it would significantly increase the financial aid it offered to middle-class and upper-middle-class students, seeking to allay concerns that elite colleges are becoming too expensive for even relatively well-off families.
The only drawback to their plan is that it covers families making between $120,000 and $180,000 only. Combine that with their existing policy of waiving tuition for students whose families make less than $60,000, and you still have a pretty unfortunate group of middle class families left out. Like 1/3 of them or so. Regardless, this is certainly a step in the right direction.