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Well, I think about Harvards endowment, and that they could dramatically expand their acceptance rate and pay for everyone and still have many billions left ove
by Simulacra 4y ago
Well, I think about Harvards endowment, and that they could dramatically expand their acceptance rate and pay for everyone and still have many billions left over. There's still this exclusivity to higher education that I think is a big factor in keeping people out.
- dublinben 4y agoThe product that Harvard sells precisely is exclusivity, not a quality education. You can get that anywhere. If Harvard “dramatically expanded” their student body, they wouldn’t be Harvard any more. Most college students attend non-selective schools, which do broadly accept everyone who meets a minimum standard.
- vel0city 4y agoOver half of Harvard's student body is on financial aid. Students from families making $85k or less pay 0% of their tuition. $85-150k are expected to pay 0-10% of their income. So if you're in a household that makes $150k/yr, your Harvard tuition is only $15k. From their website, "a lack of financial resources or need for financial aid are not impediments to your admission." If you can get into Harvard, you can afford it. https://college.harvard.edu/guides/financial-aid-fact-sheet https://college.harvard.edu/guides/financial-aid-fact-sheet