Harvard's Discounting Move Brings Unwelcome Competition

By substantially discounting costs for all but the very wealthiest students, Harvard shook up the landscape of college pricing. Like Dr. Durden, president of Dickinson College, officials of other colleges say its move will create intense pressure on them to give more aid to upper-middle-class students and will open the door to more parental price haggling. Officials at colleges without anything like Harvard’s $35 billion endowment say a rush to give tuition discounting to the middle and upper middle class at institutions like theirs could end up shifting financial aid from low-income students to wealthier. Read more at:
http://www.nytimes.com/2007/12/29/us/29tuition.html?ex=1356584400&en=0bd6edf6f4dd17be&ei=5088&partner=rssnyt&emc=rss