Culture | February 22, 2008 | 3 comments

Stanford will eliminate tuition for some students

source: http://www.usatoday.com/money/perfi/college/2008-02-20-stanford-tuition_N.htm?csp=34

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JanforGore
About 1/3 of current students will benefit from this new tuition program which seeks to make college more affordable for families earning less than 100,000, and room and board free for those who earn less than 60,000. I hope more universities start to do this by using their endowments and by fundraising instead of thinking to raise tuition costs on other students. For those of us with teens just now beginning to research schools it's good to know we may have more options to choose from.
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3 comments // Stanford will eliminate tuition for some students

  • jcrary
    • 0
      jcrary  

    • i'm no fan of stanford but this is a good move.

      don't get too excited by thinking all schools will do this however. Only private ones have the ability to use their endowments as they see fit. USC and ND (no fan of irish either) have historically been very generous with grants to students from low income families, due to the ability to evaluate cases on a person by person basis vs just a scaled state run system.

      Of course the endowments are huge in part to the same rich are getting richer formula that we have seen for 20 years ... at least some of the big money gains are going back into the pool.

    • 4 years ago
  • Ice_cream_Man
  • AndySF
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