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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

replies(6): >>42202822 #>>42202926 #>>42203223 #>>42203246 #>>42204401 #>>42208784 #
1. OJFord ◴[21 Nov 24 10:40 UTC] No.42202926[source]▶
It's 'not progressive', but that might not fly in the US.

i.e. in a progressive fee structure, your marginal fee if your family earns 250k would be whatever%, but that would only be due on the amount over 200k.