If enacted, the petitioners’ program also would significantly change FAS’s financial model (encompassing the faculty itself, Harvard College, and the Graduate School of Arts and Sciences); tuition revenue is its largest source of unrestricted funding—and therefore a significant source of the monies used to pay for financial aid.
The debate over tuition comes against a backdrop of renewed interest by some members of the U.S. Congress in exploring private universities’ endowments and spending on financial aid. (Perhaps ironically, the 56 institutions that received the most recent query—from Senator Orrin Hatch, R-Utah, and Representatives Kevin Brady, R-Texas, and Peter Roskam, R-Illinois—include those which lead in need-blind admissions and in initiating fully paid, loan-free scholarships for lower-income students.)
In a conversation with The Harvard Crimson, President Drew Faust criticized the free-tuition proposal on distributional grounds: “The kind of program that is being proposed here funds a lot of students who we don’t think have need, from families who could and should afford to pay for their student’s education. We would be using an enormous amount of institutional resources to subsidize families who could easily afford to support their children in college.” At a time when the University news office has been publishing a long-planned series covering professors’ research on inequality, the petitioners’ proposal would in effect have the institution move away from need-based financial-aid assessments and awards—a sharply progressive structure in which students from the lowest-income families attend the College at no cost, while those from the highest income tier pay a full term bill.
In order to gain what they say would be a highly effective tool for attracting applicants from across the socioeconomic spectrum (the no-tuition proposal), the petitioners place less emphasis on the expense of having the University underwrite the undergraduate education for the children of families from the upper strata of the income distribution. (There would, of course, also be effects on FAS from forgoing the current stream of after-aid tuition income, used to fund the faculty’s research and other operations as well.)
With the petitioners having secured a place on the ballot, it is likely that these issues will be aired more widely during this spring’s election; ballots are mailed to eligible alumni in early April. It will be interesting to see whether more eligible voters exercise their franchise as a result; during the past five elections, according to University data, slightly more than 250,000 ballots have been distributed annually to eligible Harvard degree-holders, and an average of more than 27,000 (about 11 percent) have been returned.
The initial announcement of candidates, in January, before the petition campaign was announced, appears here. The February 19 announcement—including the petition candidates, now qualified for the ballot, and their affiliations—appears here.
The full Overseer slate, as published by the University, thus includes two groups of candidates, as follows:
•The initial cohort, proposed by the Harvard Alumni Association’s nominating committee
Kent Walker ’83 magna cum laude
Senior vice president and general counsel, Google Inc.
Palo Alto, Calif.
Ketanji Brown Jackson ’92 magna cum laude, J.D. ’96 cum laude
Judge, United States District Court for the District of Columbia
Helena Buonanno Foulkes ’86 magna cum laude, M.B.A. ’92
President, CVS/pharmacy; executive vice president, CVS Health
John J. Moon ’89 magna cum laude, A.M. ’93, Ph.D. ’94
Managing director, Morgan Stanley
New York, N.Y.
Alejandro Ramírez Magaña ’94 cum laude, M.B.A. ’01
Chief executive officer, Cinépolis
Mexico City, Mexico
Damian Woetzel, M.P.A. ’07
Artistic director, Vail International Dance Festival; director, Aspen Institute Arts Program, DEMO at the Kennedy Center, and Independent Projects
Karen Falkenstein Green ’78 magna cum laude, J.D. ’81 cum laude, ALI (Advanced Leadership Initiative) ’15
Senior partner, Wilmer Cutler Pickering Hale and Dorr, LLP
Lindsay Chase-Lansdale ’74 magna cum laude
Associate provost for faculty and Frances Willard Professor of Human Development and Social Policy, Northwestern University
•The cohort of nominees by petition
Ralph Nader, LL.B. ’58
Citizen-activist and author; founder, The Center for Responsive Law and Public Citizen
Professor of theoretical physics and vice president for research and graduate studies, Michigan State University
Ron Unz ’83 magna cum laude
Software developer and chairman, UNZ.org; Publisher, The Unz Review
Palo Alto, Calif.
Stuart Taylor Jr., J.D. ’77 magna cum laude
Author, journalist, lawyer; nonresident senior fellow, Brookings Institution
Lee C. Cheng ’93 magna cum laude
Chief legal officer, Newegg, Inc.
Santa Ana, Calif.