[CaliforniaKarl]

> I read this as Harvard being more stringent on admitting more students whose families make enough to pay their children’s tuition.

From https://college.harvard.edu/admissions/why-harvard/affordabi...:

> Most importantly, your financial situation will not affect your chances of admission to Harvard College.

> If you think I’m wrong, understand that there will be limited funding available for this program.

First of all, be aware that this program is not new. Until now the cutoff was $150,000, not $200,000. See https://web.archive.org/web/20240229232535/https://college.h...

To the question "How does Harvard afford raising the threshold by $50,000?", I think the plan is to use endowment investment returns to cover the cost.