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

Re:Undergraduates with family income below $200k will be tui... by insane_dreamer on Thursday November 21, 2024 @12:08AM (#42201323)

The cheapest you're going to get is $10K a year (and that's hard to find), and that's just tuition. If it's not near your parents' home then you're looking at $25K/year bare minimum (as in living off ramen packs and peanut butter). So that's $100K that your parents have to have saved up (per child) or which you have to take on as debt.

Just looked up our main state schools and cost of attendance is $31K - $35K for in-state residents. So that's $120K - $140K for 4 years (not counting increases). And these aren't top-100 schools either.

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Re:Undergraduates with family income below $200k will be tui... by freeopinion on Thursday November 21, 2024 @05:42AM (#42202943)

It is possible to go to a top-100 school for under $5K/year tuition. Tens of thousands of people do it every year.

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Re:Undergraduates with family income below $200k will be tui... by insane_dreamer on Thursday November 21, 2024 @11:25AM (#42205905)

sure; my daughter went to a top-30 school for $0 on a full-ride scholarship

What I was talking about what you expect to pay if 1) you don't have scholarships, and 2) you're not low income enough to qualify for a lot of financial aid (Pell Grant and matching grants from state schools)

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