Harvard Doesn't Compete on Cost, President Drew Faust Says

The transcript discusses the financial structure of higher education, highlighting the lack of cost competition and the importance of financial aid in making education accessible. It emphasizes the role of technology in reducing costs and the challenges of maintaining affordability. The future of higher education is explored, with a focus on attracting talent and the value of community experience in institutions like Harvard.

What challenges does higher education face in terms of cost management?

What is the significance of attracting the best talent for maintaining Harvard's status?