Harvard University will no longer require parents whose combined annual earnings are less than $40,000 to financially contribute to their children's higher education, Harvard President Lawrence Summers announced Sunday.
Previously, Harvard required parents in this income bracket to fund an average of $2,300 of their child's $26,066 Harvard education that, with room and board, can cost up to $44,000.
However, recent Harvard focus groups revealed many students whose parents make less than $40,000 often pay for the parental requirement themselves in addition to making their own contributions.
In response, Harvard eliminated the parental contribution for the lowest income bracket and reduced the requirement for parents who earn between $40,000 and $60,000 annually. For this bracket, Harvard dropped their average fee from $3,500 to 2,250.
A computer security expert warned that a new e-mail virus called Netsky-D started to spread Monday, according to CNN.com.
A PIF attachment in e-mails with subject lines such as e:details"" or ""re:here is the document"" spreads the virus when recipients open it, according to Graham Cluley, senior technology consultant at anti-virus software maker Sophos Plc.
Netsky-D replicates and sends itself to other computers, clogging up network bandwidth while infecting machines worldwide.
Cluley said people may not realize a PIF attachment is dangerous and cautioned computer users to delete these e-mails without opening the attachments.
