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A comment on Undergraduates with family income below $200k will be tuition-free at MIT. Parent comment

Re:Undergraduates with family income below $200k will be tui... by awb on Wednesday November 20, 2024 @08:02PM (#42199949)
On the flip side, it’s possible to sell a business for 7+ figures and then have little to no income in subsequent years in which case quite wealthy families would qualify for assistance.
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Re:Undergraduates with family income below $200k will be tui... by throwaway2037 on Wednesday November 20, 2024 @11:21PM (#42201082)
I find it hard to believe that total liquid assets would not be considered during the financial aid application process.
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Re:Undergraduates with family income below $200k will be tui... by awb on Thursday November 21, 2024 @03:06AM (#42202131)
How would they verify?
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Re:Undergraduates with family income below $200k will be tui... by throwaway2037 on Thursday November 21, 2024 @07:29AM (#42203661)
I assume these programmes all use something like: Free Application for Federal Student Aid (FAFSA). It is federal fraud to lie about your liquid assets on that form.
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