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Harvard, MIT and Stanford are schools with enormous endowments with generous aid packages that are already very inexpensive for students even if your parents ma
by nemothekid 6y ago
Harvard, MIT and Stanford are schools with enormous endowments with generous aid packages that are already very inexpensive for students even if your parents make 6 figures. However most students are already priced out of those schools given how competitive they are.
The top and even top middle school (probably every school outside HYPS) would either lower in cost or dramatically cut class sizes. There is a small number of students who’s parents can actually afford the 50k sticker price - either prices drop or these colleges end their undergrad programs. These institutions will not cost 50k/semester.
- MisterBastahrd 6y agoThe idea that parents should be responsible for the education costs of their adult children is an idea that should have died about 20 years ago.
- sokoloff 6y agoMy parents were both public school teachers (so our family income was definitely not high). The aid MIT offered was in the form of loans.