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581 points gnabgib | 1 comments | | HN request time: 0.32s | 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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tinyhouse ◴[] No.42200630[source]
This is not a step in the right direction.

Tuition for undergraduate studies should be affordable. Not for a small number of very rich universities that can afford it. But to all universities, as it is in most of the world.

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1. bluGill ◴[] No.42200764[source]
Parents should not be allowed to support their kids in college. Make the kid like away from home buy thier car if they want one. work jobs not for the family. don't let them take loans for more than their yearly income.

That is prove the kids are really responsible.