Sunday, January 13, 2013

Free Harvard education if less than $65k/yr

Just watched the interview of Harvard University president, Drew Faust, on NBC's "On the Money" about education. In Harvard, no family contribution for Harvard education if family income is less than $65K/yr (approximately 280% of poverty line). Of course, Harvard can do this due to the generous endowments for its alumni. In U.S, kids with outstanding performances from the less-than-advantaged families can get top-notch education without causing any family burden.

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