News for hackers. Stuff that matters.
Re:Harvard Rated Asian-American Applicants Lower on Personal... by perl4ever on Friday June 15, 2018 @08:35PM (#17324973)
"Harvard doesn't need anybody's money, but they sure aren't going to use endowment money to make things free."

I thought Harvard did make it essentially free to attend if your parents have a middle class income.

Re:Harvard Rated Asian-American Applicants Lower on Personal... by mlthoughts2018 on Friday June 15, 2018 @08:41PM (#17325002)
Around 20% don’t pay tuition I believe. But keep in mind that Harvard tilts heavy toward grad student population, and selects heavily for students that win fellowships and this brings in outside money (that is how I got to attend) and master’s students who typically pay full tuition. Among my PhD cohort, it was a common joke to say that 1 graduate student was funding X free undergrads in the department (given that we were all supported fully, including insurance, by outside funding).

20% of undergrads going tuition-free is just part of Harvard’s marketing budget. It’s not philanthropy, just the cost of doing business if your business is elite status signaling.