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Notable New     Yorkers
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Andrew HeiskellAndrew Heiskell
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increase the tuition. But we also had a firm policy of admitting anybody to the university on merit, irrespective of his or her financial needs. So that was another burden that we had to deal with. And in a sense, we had been charging more and more for those who could afford it, so that ultimately, we could bring back the pay scale of the academics and remain need blind as far as the students are concerned: namely, it didn't matter what your need was, we would work out a package. If we accepted a student on the basis of his ability, we would then work out a financial package that would allow him to get through the university and even get through Graduate School. And in some areas this has proved very, very difficult. There are rich parts of the university and very poor parts of the university. The Business School is filthy rich. They have all of these different executive courses that bring in executives from all the corporations around, and then they all fall in love with the Business School and they and their companies all are supporting the Business School.


The Harvard Business Review, I think, brings in money too.


The Harvard Business Review makes a lot of money. The Divinity School has people who think it's divine, but that doesn't help. And given that we have a policy of each tub on its own bottom--namely, each tub must be responsible for its own finances--this makes for terrible disparities, and it's a continuous problem that we--we, the Corporation--try to deal with in one way or another.

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