Questions for the Dean?

gibby
Thu, 29 Sep 2011 17:19:37 +0000

I have a question:

From 2008 to 2011, Harvard families earning up to $180,000 paid about 10% of their income towards tuition, room and board. For 2012, Harvard has reduced the uppermost 10% threshold to $150,000. Given that Harvard’s endowment increased this year by more than 20% to 32 billions dollars, why did the Financial AId Office decide to lower the threshold for upper middle class families?