4 ms·

To some extent, Universities are inviting this kind of gaming. Stanford 2019-20 undergraduate tuition Pay in full: "The total charges for full-tuition-paying

To some extent, Universities are inviting this kind of gaming. Stanford 2019-20 undergraduate tuition Pay in full: "The total charges for full-tuition-paying families will be $69,962, which includes $16,433 for room and board and $672 for a mandatory health fee." Four years is just under $280K. Free: "Under Stanford’s program, parents with annual incomes below $125,000 and assets typical of that income level pay no tuition. Parents with an income at or less than $65,000 and typical assets pay no tuition or room and board." https://news.stanford.edu/2018/12/04/stanford-expands-financial-aid-middle-income-families-trustees-set-2019-20-tuition/ https://news.stanford.edu/2018/12/04/stanford-expands-financ...

non-entity 7y ago
From what I've heard, California does well with schooling, especially for lower income families. An internet acquaintance of mine mentioned something about paying $46 a credit hour at a community college near him. Conversely, the per credit hour cost of a community college near me is over 5x that!
- wcunning 7y ago
  Several years ago, before it became unaffordable, California residents were entitled to education at any state school, including UC Berkeley, for free. Community colleges were very definitely part of that. The better question is what is the out of state or out of district cost of your friend's CC?
  - dhosek 7y ago
    In California, there is no out of district penalty for community college. Out of state tuition is expensive, but I think on par with out of state tuition for other states' community colleges.
  - non-entity 7y ago
    Hes actually a foreigner living in CA on a visa I believe, so I'm not sure.
  - WillPostForFood 7y ago
    History of UC tuition. https://www.dailycal.org/2014/12/22/history-uc-tuition-since-1868/ https://www.dailycal.org/2014/12/22/history-uc-tuition-since...
- dhosek 7y ago
  California before Prop 13 was much better. As in zero fees, zero tuition. You paid for books and room and board whether it was community college or UC. But hey, at least the owners of commercial properties don't have to pay much property tax now.
- sdinsn 7y ago
  CC's are free in California. (I think it only applying to full time students however.)
dcchambers 7y ago
The cutoff of those types of programs never made sense to me. There is really no financial difference between a family making $124,000 and a family making $126,000, but suddenly that extra $2000/year means they can afford to pay the $50,000/year for tuition? If I was the sole earner for the household making $150,000/year, it actually makes more financial sense for me to go ask my boss for a $25,000 pay-cut? The University of Wisconsin, my alma mater, recently introduced a similar program called "Bucky's Promise" (https://financialaid.wisc.edu/types-of-aid/tuition-promise/ https://financialaid.wisc.edu/types-of-aid/tuition-promise/) to give 4 years of free tuition to any household with an AGI of less than $58,000/year. But if you make a penny more than that, you don't get any of the benefit? It just doesn't make sense to me. These universities are incentivizing people to game the system.

non-entity 7y ago

From what I've heard, California does well with schooling, especially for lower income families. An internet acquaintance of mine mentioned something about paying $46 a credit hour at a community college near him. Conversely, the per credit hour cost of a community college near me is over 5x that!

wcunning 7y ago
Several years ago, before it became unaffordable, California residents were entitled to education at any state school, including UC Berkeley, for free. Community colleges were very definitely part of that. The better question is what is the out of state or out of district cost of your friend's CC?
- dhosek 7y ago
  In California, there is no out of district penalty for community college. Out of state tuition is expensive, but I think on par with out of state tuition for other states' community colleges.
- non-entity 7y ago
  Hes actually a foreigner living in CA on a visa I believe, so I'm not sure.
- WillPostForFood 7y ago
  History of UC tuition. https://www.dailycal.org/2014/12/22/history-uc-tuition-since-1868/ https://www.dailycal.org/2014/12/22/history-uc-tuition-since...
dhosek 7y ago
California before Prop 13 was much better. As in zero fees, zero tuition. You paid for books and room and board whether it was community college or UC. But hey, at least the owners of commercial properties don't have to pay much property tax now.
sdinsn 7y ago
CC's are free in California. (I think it only applying to full time students however.)

dcchambers 7y ago

The cutoff of those types of programs never made sense to me. There is really no financial difference between a family making $124,000 and a family making $126,000, but suddenly that extra $2000/year means they can afford to pay the $50,000/year for tuition? If I was the sole earner for the household making $150,000/year, it actually makes more financial sense for me to go ask my boss for a $25,000 pay-cut? The University of Wisconsin, my alma mater, recently introduced a similar program called "Bucky's Promise" (https://financialaid.wisc.edu/types-of-aid/tuition-promise/ https://financialaid.wisc.edu/types-of-aid/tuition-promise/) to give 4 years of free tuition to any household with an AGI of less than $58,000/year. But if you make a penny more than that, you don't get any of the benefit? It just doesn't make sense to me. These universities are incentivizing people to game the system.