←back to thread

581 points gnabgib | 2 comments | | HN request time: 0s | source
Show context
TheJoeMan ◴[] No.42197249[source]
This is a great step in the right direction. I can't speak directly for MIT, but there are issues with how these programs don't apply to parents with small family businesses. My parents had a small business, with my father taking home a salary of $XX,XXX. Duke University used the business assets to determine the EFC (expected family contribution) of literally 90% of the salary. Essentially saying to sell off the family business for the college fund, which was a non-starter.

Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.

replies(18): >>42197538 #>>42197658 #>>42198000 #>>42198518 #>>42198630 #>>42198802 #>>42199002 #>>42199120 #>>42199126 #>>42199269 #>>42199949 #>>42200245 #>>42200451 #>>42200630 #>>42200685 #>>42200902 #>>42201562 #>>42202117 #
nuancebydefault ◴[] No.42198000[source]
Why are such things in the US so complicated? Where I live, studying is much much cheaper for most professions,for everyone!

That's the only fair way. Also, a set of well educated people pays itself back later in the form of mostly income and added value taxes, which provides money to keep studying for cheap for the next generation.

replies(10): >>42198358 #>>42198435 #>>42198464 #>>42198475 #>>42198686 #>>42198813 #>>42198990 #>>42199020 #>>42199099 #>>42201953 #
s1artibartfast ◴[] No.42198358[source]
Because education is largely an afterthought, and universities primarily compete on entertainment and prestige.

High cost and exclusivity is the entire point.

A university open to all with a fraction of the price would be a poorly ranked one in every competitive measure.

replies(3): >>42198495 #>>42198713 #>>42198919 #
currymj ◴[] No.42198919[source]
actually ETHZ and EPFL are very good and highly ranked, and have cheap tuition and open enrollment. i don’t know how they do it. I guess things just work better in Switzerland.
replies(3): >>42199040 #>>42200936 #>>42201209 #
1. s1artibartfast ◴[] No.42199040[source]
I was speaking to the US situation, and agree most European schools are quite cheap in comparison. Not only in tuition, but in terms of their budgets; US schools spend 4-5X as much per student- so it isnt just about state funding.
replies(1): >>42200053 #
2. foobarian ◴[] No.42200053[source]
Guessing those schools can't provide access to the exclusive social network you get by restricting admissions.