Still, the Harvard Extension School--the only school at Harvard to accept credit cards for tuition payments--says the benefits to students continue to outweigh the costs.
The response to the option, according to Manager of Student Financial Services Christine M. Gravell-Santos, has been astounding.
She says roughly 75 to 80 percent of all students at the extension school now pay for their courses with credit cards. And although the school does pay a fee to offer the service to students, Gravell-Santos says the policy is particularly beneficial to the extension school students--many of whom work part time in order to take class and rely on credit to help finance their education.
And in case Jerry Seinfeld is wondering, Gravell-Santos says that as of two years ago, the extension school does take American Express.