Stanford University Helps Out Middle Class

Stanford is the latest college to severely cut costs for students, expanding financial aid well into the middle class. Students from families earning less than $100,000 will pay no tuition under the new system, and families earning less than $60,000 also get a break on room and board. Stanford has the third largest endowment of all American universities at over $17 billion, so this was not exactly unexpected after Harvard, Yale, and Dartmouth announced similar plans in recent weeks.

If this keeps up, your younger siblings might actually go to quality schools without putting your parents out of early retirement.

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12 thoughts on “Stanford University Helps Out Middle Class

  1. Anonymous

    While I feel awful when I read these posts, publicizing them puts pressure on other schools, which is a very good thing for now. still. if only I were a few years younger, dklsjhsflhgsf

  2. Anonymous

    While I feel awful when I read these posts, publicizing them puts pressure on other schools, which is a very good thing for now.

    still. if only I were a few years younger, dklsjhsflhgsf

  3. Anonymous

    i think this is all very important to make public. it makes us students realize that other schools are cutting costs and hopefully that will translate into pressure on wes to do the same.

  4. Anonymous

    i think this is all very important to make public. it makes us students realize that other schools are cutting costs and hopefully that will translate into pressure on wes to do the same.

  5. Sheek

    I didn’t realize this was such a sore point, I just figured news like this is relevant as part of a greater trend sweeping American colleges. I definitely sympathize with you guys about it though, and from now on I’ll post this kind of news when it applies directly to Wesleyan – that’ll be the day.

  6. Sheek

    I didn’t realize this was such a sore point, I just figured news like this is relevant as part of a greater trend sweeping American colleges. I definitely sympathize with you guys about it though, and from now on I’ll post this kind of news when it applies directly to Wesleyan – that’ll be the day.

  7. Holly

    I thought this was incredibly interesting (obviously). But the truth is Hoxby, an economist from Harvard, found that less than 2% of the students applying to Harvard after the financial aid reform was made make under $40,000 a year. They can afford to do this largely because so few low-income students ultimately apply to these schools in the first place. I initially thought this was great and would drive more low income students to apply, but there the truth is there is no class-based affirmative action and even if low-income kids do ultimately apply in any greater number, they are considerably less likely to get in. It sucks.

  8. Holly

    I thought this was incredibly interesting (obviously).

    But the truth is Hoxby, an economist from Harvard, found that less than 2% of the students applying to Harvard after the financial aid reform was made make under $40,000 a year.

    They can afford to do this largely because so few low-income students ultimately apply to these schools in the first place.

    I initially thought this was great and would drive more low income students to apply, but there the truth is there is no class-based affirmative action and even if low-income kids do ultimately apply in any greater number, they are considerably less likely to get in.

    It sucks.

  9. Anonymous

    i feel the same way as 12:29. it’s really cool that these schools are making it easier for people to pay, but wesleyan is making me/my family broke and it sucks to be reminded.

  10. Anonymous

    i feel the same way as 12:29. it’s really cool that these schools are making it easier for people to pay, but wesleyan is making me/my family broke and it sucks to be reminded.

  11. Anonymous

    honestly, can these posts stop? or at least, you know, not be such a standard category for updates on wesleying? as a poor kid they make me feel like shit a lot ’cause i’m never going to get any of these awesome opportunities and it just reminds me of how i’m gonna keep struggling without a break to pay for this shit till i graduate and then many years after that, it can just get kind of frustrating is all

  12. Anonymous

    honestly, can these posts stop? or at least, you know, not be such a standard category for updates on wesleying? as a poor kid they make me feel like shit a lot ’cause i’m never going to get any of these awesome opportunities and it just reminds me of how i’m gonna keep struggling without a break to pay for this shit till i graduate and then many years after that, it can just get kind of frustrating is all

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