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...hearing on Wednesday, senators considered measures including the repeal of university endowments’ tax-exempt status and mandating minimum yearly payouts to help lower tuition costs. The discussion at last week’s hearing focused on the spectacular growth of university endowments, which collectively increased by 17.7 percent to dollars in fiscal year 2006, according to testimony at the hearing. Average tuition for four-year colleges in the United States, meanwhile, has risen 35 percent since 2002, according to the College Board. Several proponents of greater regulation cited Harvard and its $35-billion endowment as an example...

Author: By Cora K. Currier, CONTRIBUTING WRITER | Title: Harvard Rejects Endowment Regulation | 10/2/2007 | See Source »

...Middle-income covers a lot of territory,” Fitzsimmons said. Such families are not “impervious to the increasing cost of college...but not eligible for as much financial aid as they would like.” According to Fitzsimmons, approximately 80 percent of U.S. undergraduates go to college within 200 miles of their hometown, and about 90 percent stay inside a 500-mile radius. He mused that stronger middle-income financial aid offerings were the only way to pull those students away from attractive offers from in-state schools. The heightened attention to financial...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: New Grants for $160,000 Families | 10/2/2007 | See Source »

...waives the AMCAS application fee for up to 12 medical schools. Moreover, after gathering data that showed the high cost deters students from applying to medical school, the AAMC broadened eligibility requirements for FAP this year; now, students with annual family incomes of up to 300 percent of the federal poverty level may qualify...

Author: By Jimmy Y. Li | Title: The Cost of an M.D. | 10/2/2007 | See Source »

...Furthermore, with admission rates to top medical schools hovering at a discouragingly low 5 to 10 percent, students often have good reason to apply to more than the FAP maximum of 12 medical schools. Some students, who evidently have the cash to spare, apply to as many as 40. But even if 12 were enough, the FAP does not cover secondary application fees, which by themselves can total thousands of dollars, or the hefty travel expenses for interviews, which include the cost of airline tickets, ground transportation, and hotel stays...

Author: By Jimmy Y. Li | Title: The Cost of an M.D. | 10/2/2007 | See Source »

...biggest complaints about the faith are not immediately theological: Jesus and the Bible get relatively good marks. Rather, he sees resentment as focused on perceived Christian attitudes. Nine out of ten outsiders found Christians too "anti-homosexual," and nearly as many perceived it as "hypocritical" and "judgmental." Seventy-five percent found it "too involved in politics...

Author: /time Magazine | Title: Christianity's Image Problem | 10/2/2007 | See Source »

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