Reply to Harvard class of 2029 details--45% of the class will attend tuition free

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As a full pay family, this just makes me feel like a schmuck. Which is part of why we choose in-state publics even though we could easily cash flow private. I don’t want to pay double for something so that half the kids pay nothing. [/quote]

You won't be missed. [/quote]

Actually, their tuition money in fact will be missed.  [/quote]

it really won't be.

Harvard doesn't need tuition money. Not the rank and filing donations from alumni. They both pale compared to what the endowment throws off. It's only a matter of time before they go tuition free. And then you'll all be mad about that!

You can't win with racists.[/quote]

They are still overcharging full-pay in order to allow students to attend for free. Otherwise they could just lower tuition. If some parents want to pay the cost of 2 kids’ college even though they are only sending one kid, that is certainly their choice. [/quote]

not true. full cost to harvard is something like 110k a year. every kid is subsidized to some degree.  the idea that full pay is paying for others is rooted in ignorance and classism/racism  [/quote]

It’s zero sum. They have decided an amount of revenue they want from tuition, and they have decided they are only going to charge it to a subset of students. If tuition was lowered for full pay, the school would have to spend even more money on non payers. It’s just simple math. [/quote]

here's the simple math: my full pay student is not funding any other kid's eduction. full stop. [/quote]

You’re absolutely right.  Your full pay kid is not funding another kid’s education.  Rather, as a long-term substantial donor, I (and many, many others like me) are subsidizing both your kid’s and those other kid’s education.  You’re welcome.  [/quote]

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