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They call it a form of financial repression.
India, however, has a distinctive form of financial purgatory.
70% of Harvard students receive some form of financial aid.
Sixty-six students receive some form of financial aid, the administrator Lucy Batista said.
But it can lose up to half in the form of financial penalties.
For TransferWise in particular, there's an additional red line in the form of financial passporting.
A little more than half of its undergraduates receive some form of financial aid.
Student loans have decisively overtaken grants as the primary form of financial aid for undergraduates.
Many countries around the world use some form of financial incentive to encourage students.
But a bigger payslip is not the only form of financial reward.
Of that figure, 3.6 trillion euros is in the form of financial assets.
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