Harvard boosts free-tuition offer, matching other Ivy-Plus schools in ‘affordability arms race,' expert says [CNBC]
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Source: CNBC
Increasingly, top colleges are expanding financial aid awards to make higher education more accessible. Harvard's announcement represents “another step forward in the affordability arms race,” says Hafeez Lakhani, founder and president of Lakhani Coaching. Harvard University campus in Cambridge, Massachusetts. is the latest institution to that tuition will be free for undergraduates with family incomes of $200,000 or less beginning in the 2025-26 academic year. It joins a growing list of select private colleges — many in the ' ' category — that have also recently increased their financial aid awards to attract top students wary of high college costs. In November, the University of Pennsylvania said it would a financial aid package that covered tuition with grants and work-study for students from families that make up to $200,000. That same month, Massachusetts Institute of Technology it would also become for undergraduates with family incomes below $200,000. More from Per
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