Tuesday, December 11, 2007

Higher Ed

Good for Harvard.

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.

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