Do a majority of Harvards international students now use the CitiAssist program?
I don’t know if it’s a majority, but a sizable portion do. Of those who are borrowing funds I would say a majority, if not the vast majority, are using the CitiAssist funds. The CitiAssist program has been a success, effectively lowering the financial barriers that have precluded many MBA aspirants from attending HBS. In fact, more than a couple of schools are now modeling similar loan programming after Harvard’s Citibank partnership. What’s the next issue that you feel demands attention? There is always room to think differently. When we were considering a year or two ago what the most significant problems were, it was pretty clear that access was the most immediate problem. There certainly is a major issue now under way with regard to total debt. For some of our students, of course, the debt that they graduate with is not a problem. Certainly, students going to Wall Street or students going to some of the major consulting firms should have no difficulty repaying $50,000 to 70,000 in
