Hey folks! Ever wondered how a small shift in student demographics could flip the script at one of the world's top universities? Harvard might be gearing up for a local makeover – meaning fewer international students and a hefty price tag.
Recent insights reveal that if international students are no longer part of the mix, Harvard stands to lose about $384M per year – nearly 30% of its net student income. That revenue once helped subsidize tuition for local students. While American students will still be in the mix, the higher fees and increased debt could become a major hurdle. Yikes! 😬
This scenario isn’t just about numbers – it's a wake-up call on how financial models in elite education can affect affordability. With fewer resources to go around, local students might face the brunt of higher costs, turning the dream of a Harvard education into a heavier financial burden.
For young professionals and students across South and Southeast Asia, where dynamic changes in technology, lifestyle, and global trends shape everyday life, this debate resonates deeply. As we see the world rapidly evolve, rethinking how education balances quality and cost is more crucial than ever. Let's keep the convo going—education should empower, not overburden! 🚀
Reference(s):
cgtn.com
