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Undergraduates with family income below $200k will be tuition-free at MIT

(news.mit.edu)
737 points gnabgib | 1 comments | 20 Nov 24 16:59 UTC | HN request time: 0.215s | source
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mgoetzke ◴[21 Nov 24 10:11 UTC] No.42202744[source]▶
I never like these hard cut-offs. We should establish a name/expression for all these rules a simple wording which represents 200k=0% and eg. 250k=100% or something.

Otherwise we always have a situation where making more money suddenly leads to less net

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1. DC-3 ◴[21 Nov 24 10:24 UTC] No.42202822[source]▶
Sometimes they are called 'cliffs' - in the UK people talk about the tax cliff at 100k income where your marginal rate increases and you lose free childcare.