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People are going out of their way to extol Harvard's supposed largesse, and how hardly anyone pays sticker. First, 45% do pay sticker according to the article.
by ipv6ipv4 2y ago
People are going out of their way to extol Harvard's supposed largesse, and how hardly anyone pays sticker. First, 45% do pay sticker according to the article.
Second, another way to look at this is that Harvard is putting a cap on a family earnings that it doesn't feel entitled to. ~$83K/year (post tax) is a massive amount of money for one child of a family making even $300K/year or $500K/year (pre tax).
The sticker price does matter, and this exemption is lipstick on the pig.
The problem with American higher education (and American healthcare, for the matter) is that they have persistently grown to opportunistically consume all the discretionary income of Americans.
- CaliforniaKarl 2y ago> People are going out of their way to extol Harvard's supposed largesse, and how hardly anyone pays sticker. First, 45% do pay sticker according to the article. No. Do not make assumptions like that. The source material is easy to find. It's https://college.harvard.edu/admissions/why-harvard/affordability https://college.harvard.edu/admissions/why-harvard/affordabi... From the source material: > Financial aid will be available to many students from families with incomes above $200,000, depending on individual circumstances. The cost of an American higher education is something worth discussing, but I think starting the discussion with inaccurate information is problematic.
- goldfishgold 2y agoFrom the article: > About 55% of Harvard undergraduates receive some type of financial aid, according to the university. Which implies that 45% of Harvard undergrads do not receive any financial aid, ie pay sticker price. Anecdotally that would match my expectations.