Harvard Extends Breaks for Low-Income Parents

<p>A New York Times article (Yay, NYT!)</p>

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The quest by prestigious colleges to attract more low- and middle-income students is turning into a financial aid arms race.</p>

<p>Harvard University, which two years ago focused attention on the paucity of low-income students in the Ivy League with its announcement that it would not ask parents who earned less than $40,000 a year to contribute money for their children's education, said yesterday that it would raise that ceiling to $60,000 for students entering this fall. </p>

<p>The students themselves will still be expected to make some payments from jobs they hold. </p>

<p>Harvard's president, Lawrence H. Summers, said in a statement, "There is no more important mission for Harvard and higher education than promoting equality of opportunity for all." </p>

<p>He said the financial aid increases "send a clear signal to middle-class families who have all too often felt that Harvard and other leading universities are out of reach."</p>

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<p><a href="http://www.nytimes.com/2006/03/31/education/31harvard.html?_r=1&oref=slogin%5B/url%5D"&gt;http://www.nytimes.com/2006/03/31/education/31harvard.html?_r=1&oref=slogin&lt;/a&gt;&lt;/p>