An increase in the sticker price certainly eats up outside scholarships and loans. Harvard (and other ivies) may have eliminated student and parent loans for mo

An increase in the sticker price certainly eats up outside scholarships and loans. Harvard (and other ivies) may have eliminated student and parent loans for most undergraduates, but master's and professional students (and possibly their parents) often have to take out loans. And a large sticker price often means that the university simply pockets the entire amount of outside scholarships, deducting it from financial "need".