Harvard announced this morning that it will restore its early admissions program for the upcoming fall semester. The program was shut down four years ago due to a big jump in early admissions interest.

“We piloted the elimination of early action out of concern that college admissions had become too complex and pressured for all students, and out of particular concern for students at under-resourced high schools who might not be able to access the early admissions process,” Faust said in a written statement.

They are restoring the program to “better recruit talented students.” And because they were missing out on students who wanted to lock down a spot at a top notch school early.

Oh and Harvard announced today that it will increase undergraduate tuition by 3.8 percent for the 2011-12 school year to a total of $52,650.