Harvard University announced this past weekend that from now on undergraduate students from low-income families will pay no tuition. In making the announcement, Harvard's president Lawrence H. Summers said, 'When only 10 percent of the students in Elite higher education come from families in lower half of the income distribution, we are not doing enough. We are not doing enough in bringing elite higher education to the lower half of the income distribution.'

If you know of a family earning less than $60,000 a year with an honor student graduating from high school soon, Harvard University wants to pay the tuition. The prestigious university recently announced that from now on undergraduate students from low income families can go to Harvard for free...no tuition and no student loans.

To find out more about Harvard offering free tuition for families making less than $60,000 a year visit Harvard's financial aid website at: www.fao.fas.harvard.edu or call the school's financial aid
office at (617) 495-1581.

Comments

[Your Jewish Master]

I remember hearing years ago about the size of the Harvard endowment. From what I understand, the interest alone could pay for all student tuition as well as faculty salaries and operating costs.
I predict Harvard will end up granting full ride scholarships to all students, and the news in this post is only the first step.