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Esteemed Contributor
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Re: 🎓 FREE Tution - Harvard University 🎓

Harvard Annual Financial Statement

 

In fiscal 2024 (year ended June 30) Harvard operating funds received $2.67 Billion from endowment investment income.  This was 41% of total operating revenue.

 

Federal funds provided $686 million, accounting for 10% of operating revenue.

 

Harvard's operations can readily and easily absorb any loss of Federal funding. 

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Re: 🎓 FREE Tution - Harvard University 🎓


@meem120 wrote:

I think it's wonderful but I wonder what precipitated this decision.

 

 

@meem120   i think i know

 

mrshckynut 


 

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Re: 🎓 FREE Tution - Harvard University 🎓

This may inspire other very wealthy colleges to do the same.

Back in the days, only a very select number of males were educated in top colleges.  And it left many of these colleges with very high endowments.  And do not forget about "legacy students," whose family gifts opened a door they might not qualify for.  My DD went to one of these smaller colleges and is presently working at one of the top ones.  The wealth of some of these institutions is staggering.

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Re: 🎓 FREE Tution - Harvard University 🎓

@mrshckynut  More than likely your "thinkiing" is spot on.

 

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"Never argue with a fool. Onlookers may not be able to tell the difference."


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Re: 🎓 FREE Tution - Harvard University 🎓


@catter70 wrote:

Nothing's free. We all pay for that. I've never had children and I don't think it's fair that I have to pay any school tax or at least get a senior discount of some kind. I've been out of school for over 50 years.


@catter70 - And who paid for your education, assuming you got one?  DH and I don't have children either, but I don't begrudge supporting our local school system.

 

I got a very good education from it and where would we be in a country that made individuals pay for basic education?  I'm talking elementary and high school here.  I put myself through college, with work-study, grants, scholarships and loans.

 

And I still don't begrudge paying for basic education for others.  I prefer an educated public to an ignorant one.

 

(What about those who pay for infrastructure, like roads and bridges, but don't own a car?  There are so many instances of where we all contribute to the public good.  It's called a civilized society.)

"" A little learning is a dangerous thing."-Alexander Pope
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Re: 🎓 FREE Tution - Harvard University 🎓

My parents, I guess and my mother was still paying when she died at the age of 88, @Venezia .

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Re: 🎓 FREE Tution - Harvard University 🎓


@ThinkingOutLoud wrote:

@kaydee50 wrote:

I think ALL education should be free up to and including 2 years post high school.

 


I don't. Considering the dropout rate and reading level of too many of those in the public school system, why should taxpayers be on the hook for more 'free' education.


And I wonder why they drop out?  Could it be because the system fails them?  Children aren't born bad or lazy, IMO.

 

I think (and I may be wrong) that any university providing free education will require a minimum level of grade point average to remain enrolled.

"" A little learning is a dangerous thing."-Alexander Pope
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Re: 🎓 FREE Tution - Harvard University 🎓


@catter70 wrote:

My parents, I guess and my mother was still paying when she died at the age of 88, @Venezia .


@catter70  - And every other taxpaying individual.  I very much doubt your mother would have been able to pay the entire cost of your education, unless you are one of the 1%.  Did you go to public schools?  If so, every taxpayer paid towards the educational system.  Buildings, maintenance, buses, staff, supplies...the list (and costs) go on.

 

And so many teachers pay for supplies out of their own pockets.

 

If Harvard University wants to offer this program, kudos to them.

"" A little learning is a dangerous thing."-Alexander Pope
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Re: 🎓 FREE Tution - Harvard University 🎓

[ Edited ]

@Venezia wrote:

@catter70 wrote:

Nothing's free. We all pay for that. I've never had children and I don't think it's fair that I have to pay any school tax or at least get a senior discount of some kind. I've been out of school for over 50 years.


@catter70 - And who paid for your education, assuming you got one?  DH and I don't have children either, but I don't begrudge supporting our local school system.

 

I got a very good education from it and where would we be in a country that made individuals pay for basic education?  I'm talking elementary and high school here.  I put myself through college, with work-study, grants, scholarships and loans.

 

And I still don't begrudge paying for basic education for others.  I prefer an educated public to an ignorant one.

 

(What about those who pay for infrastructure, like roads and bridges, but don't own a car?  There are so many instances of where we all contribute to the public good.  It's called a civilized society.)

 

 

 

@Venezia   first about your reply to my previous post here     you are right about the "all education" i was pretty much basing that on what my family friends and coworkers considered education  or "higher education"  very few referred  to skilled labor   i appreciate your clarification 

 

 

my husband went to catholic schools which his mother paid for and he got his ged serving 6 years in united states army      and we have no children     85% of our property taxes go to fund the public school system which can spend at will without setting a budget need more money our taxes go up      judging from the reading and math scores up through eighth graders with a big majority being at three to four grades behind    it doesn't appear more dollars are the answer

 

mrshckynut 

 

 

 

 


 

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Re: 🎓 FREE Tution - Harvard University 🎓


@Mz iMac wrote:

@mrshckynut  More than likely your "thinkiing" is spot on.

 

whistling.gif

 

 


And what exactly is that, is that the reason you started this topic?

"Those who do not remember the past are condemned to repeat it.”