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April 3, 2006
Survivor Cambridge
Harvard has finally figured out the right way to replace Larry Summers in the impossible position of being president of that fractious place: Do it as a version of Survivor.In more serious news, Harvard announced today that it is making tuition free for students from families earning less than $60,000. It is a fairly remarkable move -- the median household income in the U.S. is $54,061 -- and one that will reportedly affect one-quarter of Harvard's undergraduates.
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What is the current average tuition charge (net of financial aid grants) for students from families earning less than $60,000?
I would bet that it's very low and that this move, while sounding great, is not actually a very big policy change for Harvard.
The question though, is will that percentage drop because of this new policy? Or will Harvard's admissions people be blind to candidate's income before making an offer? If they take it into account ("these guys have to be even better, since we're paying for them"), it could conceivably end up hurting lower income candidates.