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If Harvard really wanted that they could offer their education for free to all 21,000 students right now, cover the tuition with a 4 percent interest on their e
by flexie 14y ago
If Harvard really wanted that they could offer their education for free to all 21,000 students right now, cover the tuition with a 4 percent interest on their endowment and still have more than $5B left for other expenses.
- mjmahone17 14y agoRight, but why would you have everyone going for free, when you can get a guarunteed $60k/yr of revenue from ~30%+ of your students, without it presenting any hardship to them? Also, I'd be unsurprised if another reason for raising tuition was to raise the perceived value of the university. Which would help contribute to even higher donations.