←back to thread

589 points gnabgib | 1 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(19): >>42197538 #>>42197658 #>>42198000 #>>42198518 #>>42198630 #>>42198802 #>>42199002 #>>42199120 #>>42199126 #>>42199269 #>>42199949 #>>42200245 #>>42200451 #>>42200630 #>>42200685 #>>42200902 #>>42201562 #>>42202117 #>>42202554 #
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(11): >>42198358 #>>42198435 #>>42198464 #>>42198475 #>>42198686 #>>42198813 #>>42198990 #>>42199020 #>>42199099 #>>42201953 #>>42202607 #
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 #
nuancebydefault ◴[] No.42198713[source]
Still, I do not get it. Why would this competition / exclusivity rule be so much less prevalent in large parts of Europe?

I don't want to say Europe is without problems, but I think this kind of legislation, together with social security in general, is a clear example of how it can be handled more efficient and fair for most people.

replies(1): >>42198989 #
s1artibartfast ◴[] No.42198989[source]
Good question. I wonder if labor competition in Europe is less reliant on University names and reputation? IT could also have to do with cultural difference is what students look for in a university.

My understanding is that most universities in Europe look more like US bare bones commuter schools, opposed to an all inclusive recreational experience.

The top ranked university in Europe is Oxford, which educates more than twice as many students as MIT with half the budget. I doubt this is because Oxford is cutting corners on educational curriculum.

replies(3): >>42199901 #>>42200033 #>>42200113 #
seanmcdirmid ◴[] No.42200113[source]
MIT is a huge outlier in terms of R&D and the population it selects students from, it would be more fair to compare Oxford to Harvard. Oxford...really is about as far from commuter schools than you can get, for example having to wear robes to the dining hall...that is straight out of Harry Potter (and indeed, where they filmed the dining scene at one of the colleges).
replies(1): >>42201099 #
1. throwaway2037 ◴[] No.42201099[source]

    > MIT is a huge outlier in terms of R&D
I think most R&D at MIT is paid for by gov't science research grants.