Parents with annual family incomes below $125,000 will pay no tuition

Re:Parents with annual family incomes below $125,000 will pa... by L_Rahman on Saturday March 28, 2015 @11:51PM (#9283802)

It is true but only for the most part. My family income was below 60K, but my aid packages varied wildly among supposed peer institutions.

Harvard was the most generous, fully funded tuition + room/board + clothing stipend (presumably to keep up with the lifestyles of what would have been my wealthier classmates) + transportation stipend to fly back home for holidays.

All of the other Ivies (Columbia, Cornell, Penn) had roughly the same deal - full tuition and room/board

Hopkins - I required that I borrow 15k over 4 years to attend. Interestingly, this is the school I ended up going to.

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Re:Parents with annual family incomes below $125,000 will pa... by morgante on Sunday March 29, 2015 @03:56AM (#9284188)

> Hopkins - I required that I borrow 15k over 4 years to attend. Interestingly, this is the school I ended up going to.

If you don't mind me asking, why did you make that (seemingly counterintuitive) choice?

Hopkins usually wouldn't be considered as a peer to the top schools which compete on aid packages.

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Re:Parents with annual family incomes below $125,000 will pa... by L_Rahman on Sunday March 29, 2015 @06:54AM (#9284443)

You username was familiar so I took a peek at your profile. We just met at Interact, so I messaged my response to you on Facebook :)

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Re:Parents with annual family incomes below $125,000 will pa... by Hydraulix989 on Sunday March 29, 2015 @01:34AM (#9284012)

I went to an Ivy that made a "no loan" guarantee for me. Each successive year, their aid package got successively worse so I received less grant aid. I ended up with $10k in debt by the time I graduated.

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Re:Parents with annual family incomes below $125,000 will pa... by thisone on Sunday March 29, 2015 @05:45AM (#9284328)

An ivy league school and you ended up 10K in debt. Congratulations, you ended up owing very little for a very expensive education.

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Re:Parents with annual family incomes below $125,000 will pa... by jessaustin on Sunday March 29, 2015 @07:26AM (#9284497)

...clothing stipend (presumably to keep up with the lifestyles of what would have been my wealthier classmates)...

It might just be a way of saying "pocket money", but if someone objected, this could be justified by Boston's climate. Poor students from warmer places are unlikely to own a sufficient range of coats and hats.

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