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It's pretty clear how these schools operate. They charge high tuition for people with a lot of money and cover the costs for people that can't afford it. >With

It's pretty clear how these schools operate. They charge high tuition for people with a lot of money and cover the costs for people that can't afford it. >With over $159 million in financial aid distributed this year, UChicago is committed to ensuring that its students graduate debt-free and prepared for lifelong success, no matter their chosen major or background prior to enrolling in The College. UChicago is a need-blind institution, which means we make admissions decisions independent of a family’s financial circumstances[0] That seems like a hallmark move of progressivism, no? [0]https://collegeadmissions.uchicago.edu/cost-aid https://collegeadmissions.uchicago.edu/cost-aid

garmaine 7y ago
Financial aid is code for student loans. If they meant a scholarship they would have said so.
- pastor_elm 7y ago
  > Guaranteed Free Tuition Families earning less than $125,000 per year (with typical assets) will receive a financial aid award that covers the full cost of tuition. Families earning less than $60,000 per year will have tuition, fees, and room and board covered by financial aid. UChicago’s need-based financial aid involves no loans and is awarded as grants, which do not need to be repaid. https://nobarriers.uchicago.edu/ https://nobarriers.uchicago.edu/
  - garmaine 7y ago
    That's the need-based financial aid program specifically. Are the numbers quoted by the grandparent post for that program specifically?
- dragonwriter 7y ago
  > Financial aid is code for student loans. No, especially at well-funded not-for-profit private universities, “financial aid” often includes generous need-based grants (not scholarships, which are merit-based) that reduce the amount that must be met from student/family resources (including loans) substantially for non-wealthy students (not unheard of for it to be down to $0 for the poorest who manage to get admitted, and that's not just tuition but sometimes housing, books, etc.).
  - garmaine 7y ago
    Not at the Jesuit college I went to, which I’m still pretty bitter about. I got cheated out of grants because I qualified for “financial aid”—loans which I am still paying off. I guess it depends on the school.
- csa 7y ago
  > Financial aid is code for student loans. If they meant a scholarship they would have said so. At many of the high-stocker-price elite schools, grants are also a very real part of financial aid. Grants effectively look like a scholarship but are typically need-based rather than merit-based. Looked at another way, grants can be used as a discount on the tuition sticker price.
war1025 7y ago
That's basically how healthcare works as well, and I don't think anyone would argue that healthcare is in a good place in the US.

garmaine 7y ago

Financial aid is code for student loans. If they meant a scholarship they would have said so.

pastor_elm 7y ago
> Guaranteed Free Tuition Families earning less than $125,000 per year (with typical assets) will receive a financial aid award that covers the full cost of tuition. Families earning less than $60,000 per year will have tuition, fees, and room and board covered by financial aid. UChicago’s need-based financial aid involves no loans and is awarded as grants, which do not need to be repaid. https://nobarriers.uchicago.edu/ https://nobarriers.uchicago.edu/
- garmaine 7y ago
  That's the need-based financial aid program specifically. Are the numbers quoted by the grandparent post for that program specifically?
dragonwriter 7y ago
> Financial aid is code for student loans. No, especially at well-funded not-for-profit private universities, “financial aid” often includes generous need-based grants (not scholarships, which are merit-based) that reduce the amount that must be met from student/family resources (including loans) substantially for non-wealthy students (not unheard of for it to be down to $0 for the poorest who manage to get admitted, and that's not just tuition but sometimes housing, books, etc.).
- garmaine 7y ago
  Not at the Jesuit college I went to, which I’m still pretty bitter about. I got cheated out of grants because I qualified for “financial aid”—loans which I am still paying off. I guess it depends on the school.
csa 7y ago
> Financial aid is code for student loans. If they meant a scholarship they would have said so. At many of the high-stocker-price elite schools, grants are also a very real part of financial aid. Grants effectively look like a scholarship but are typically need-based rather than merit-based. Looked at another way, grants can be used as a discount on the tuition sticker price.

war1025 7y ago

That's basically how healthcare works as well, and I don't think anyone would argue that healthcare is in a good place in the US.