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581 points gnabgib | 1 comments | | HN request time: 0s | source
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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.

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JumpCrisscross ◴[] No.42197538[source]
It’s incredibly difficult to structure these rules in a way that doesn’t discriminate against small businesses while not opening a giant loophole for the rich.
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changoplatanero ◴[] No.42198599[source]
Why is the price you have to pay for something dependent on how much money your parents make? Feels so unfair
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s1artibartfast ◴[] No.42198715[source]
Because it is really a discount to the parents, not the student. It is understood that few 17 year olds have saved enough money to pay MIT's tuition of $85k/year for 4 years and parents are usually footing the bill.

Yes, students who's parents have money but choose not to spend it get a rough deal. You can make a pretty strong case that it is their parents screwing them over, not the school. The school doesn't owe a discount to prospective students.

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bigstrat2003 ◴[] No.42198916[source]
> Yes, students who's parents have money but choose not to spend it get a rough deal. You can make a pretty strong case that it is their parents screwing them over, not the school.

No you can't. The school is the one choosing to set their prices based on the parents, who might or might not have anything to do with the student's school budget. That is the school's faulty assumption, and they, not the parents, are the ones screwing over those students.

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1. s1artibartfast ◴[] No.42199248[source]
My point is that the school has zero obligation to a prospective student. If the parents have the means to pay, but dont want to, that seems to be a bigger question of responsibility and obligation.