News
HMS Is Facing a Deficit. Under Trump, Some Fear It May Get Worse.
News
Cambridge Police Respond to Three Armed Robberies Over Holiday Weekend
News
What’s Next for Harvard’s Legacy of Slavery Initiative?
News
MassDOT Adds Unpopular Train Layover to Allston I-90 Project in Sudden Reversal
News
Denied Winter Campus Housing, International Students Scramble to Find Alternative Options
John U. Monro '34, director of Financial Aid, called for "moderation of pace in accomplishing tuition increases" last night. He warned that hasty tuition increases could result in needy students becoming discouraged from applying to the University.
Speaking at a forum on the cost of higher education, held at Kirkland House, Monro ventured a guess that, "There will be another tuition increase at Harvard in a couple of years, then another, then another, so that within ten years, the figure could reach $2000." He felt that this figure was reasonable, and was within the reach of many students.
For the needy student, Monro outlined a proposed future plan in which the University would finance the student's education in exchange for one per cent of his income for life. "The present loan program is a step in this direction," Monro stated.
Seymour E. Harris '20, Lucius N. Littauer Professor of Political Economy, also favored tuition increases. He pointed out that since business and government are vested interests, endowments are not as good a source of income as tuition.
"That's the reason why I'd like to see a much heavier burden put on the student," he noted,
In addition to discussing methods of attaining additional funds for education, Harris suggested that colleges throughout the nation should be more economical. He pointed out that less than 25 per cent of available space is generally utilized by colleges.
Want to keep up with breaking news? Subscribe to our email newsletter.