3 ms·
> People graduating with a degree from Stanford can be presumed to look for full time work at a salary sufficient to pay off student loans. I just wanted to po
by alex1 15y ago
> People graduating with a degree from Stanford can be presumed to look for full time work at a salary sufficient to pay off student loans.
I just wanted to point out that Stanford has a no-loan policy. Most Stanford graduates owe either nothing or very little in student loans (anecdotal evidence so correct me if I'm wrong).
- robyates 15y agoFor bachelor's and Ph. D. degree programs, this is true. In programs that have master's degrees (like CS for example), there are loans and aid comes from CAships or RAships.
- balloot 15y agoI don't know where this claim comes from, but as a Stanford CS grad (MS) I never heard of such a thing. Stanford definitely offers loans.
- mkjones 15y agoI believe this is only true for undergrads, and they started doing this in 06-07 or 07-08. I was undergrad '09 and definitely had loans for the first year or two, but not in subsequent years after they instated the "no required loans" policy.
- alexsb92 15y agoWell as far as I remember from when applying (unsuccessfully) to Stanford, they have a need aware policy, which means that they do take into account the financials of the student. So a student in a well-off family would be more likely to get in than a student in a lower class family (all other things equal). I'd assume that would be a reason for lower student debt.
- mkjones 15y agoThis is untrue. From the left column of http://www.stanford.edu/admission/ http://www.stanford.edu/admission/: "Students are admitted on a need-blind basis, and the university ensures that no admitted student is unable to attend."