Harvard’s December 2007 announcement that it intends to provide more financial aid for the middle class has caused many less wealthy colleges to squirm, as they worry that it will impossible for them to “match” Harvard’s largesse. I believe that colleges can address this issue by examining more closely their own cost structures, and by learning to do more with less. Clearly, something must be done to stop the college cost spiral from continuing to go up and eventually out of control. Do you agree? Please Share Your Thoughts on How Colleges Can Cut Costs in Order to Hold Down the Prices They Charge by leaving a comment below. Thank you for your continuing interest in College Parents of America, the nation’s only membership organization for current and future parents. Our mission is to empower you to best support your children on the path to and through college.

This entry was posted on Monday, January 7th, 2008 at 10:42 am and is filed under College, College Costs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.