College tuition will be raised from $2600 to $2800 for 1971-72.
This is the third rise in three years. The tuition, which had remained level at $2000, jumped to $2400 in 1969-70 and to $2600 for 1970-71. It will now be hiked an additional $200.
The Harvard Corporation, in closed session, approved yesterday a $600 tuition increase for the Business School and apparently approved the $200 increase for the College.
Dean Dunlop had no comment to make on the tuition increase itself, adding that his office would release a more complete picture of the Arts and Sciences finances later this year. This statement may also discuss room and board increases, and such matters as teaching fellow salaries, Dunlop said.
Although Dunlop refused to comment, Richard G. Leahy, assistant dean for Resources and Planning, said that "room rent would also certainly go up."
Leahy explained that the increase is necessitated by the $600,000 deficit in the Harvard undergraduate housing operations accumulated over the past three years.
Leahy also said that there would "certainly be an increase in the board rate," unless the present meal contract system is scrapped. He speculated that the combined "increase in room and board would probably be over $100."
Dr. Chase N. Peterson '52, dean of Admissions and Financial Aids, said that the financial aid office is asking for a funding increase of $400,000 to $600,000. These funds would case the burden of the $200 hike.
However, for the 2000 Harvard scholarship students, it would cost $4 million to subsidize completely the $200 increase.
Dunlop, Peterson, and other Administration officials emphasized that the financial situation of Harvard, although bleak, is better than that of any other Ivy League school. For example, Dartmouth and Harvard are the only Ivy League schools increasing their budgets for scholarships. Some schools, while increasing tuition, will actually decrease their levels of financial aid.
Harvard sources hinted that Yale will soon make definite a desperate plan to aid undergraduates by substituting long term loans for almost all scholarship aid.
The 1971-72 tuition hike at Harvard will probably be just one more rung on a never-ending ladder. Referring to 1972-73, Dunlop said yesterday, "If the costs continue to go up, we have no alternative but to raise the cost of tuition, also."
If the College tuition seems steep, consider the increase in Business School tuition. The Corporation approved yesterday a $600 tuition for the Business School's MBA program.
This $600 hike, from $2800 to $3400,is the sharpest tuition increase in the University's history.
The current $2800 MBA tuition is the highest tuition for any graduate Business School in the United States. Students entering the two-year MBA program next Fall will be the first to pay the $3400; but those presently attending the school will not be affected by the increase.
Lawrence E. Fouraker, dean of the Business School, stated yesterday, "It is the earnest desire of the school that no otherwise qualified person be prevented from attending because of financial limitations."
Nevertheless, at present no additional Business School funds have been earmarked for financial aid.
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AUSCHWITZ AND BUCHENW ALD