Harvard should seize the opportunity. It has the money to refund part of the tuition and I wish it would. It would set a precedent for universities with lower financial resources and create additional pressure in the educational space. You can do this, Harvard!
Of course, I am hoping for a radical restructuring of higher education in the United States. Way too many people in college, too many ridiculous majors, too much superfluous administrative fluff. Let’s see some creative destruction.