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College at Stanford Is Now Effectively FREE

Posted by billspaced | 11:22 AM | | 1 comments »

There's outstanding news today from Stanford University that makes tuition effectively free for families that earn less than $100,000 and tuition and room & board free for families that earn less than $60,000.

This is terrific news! This move by Stanford should cause downward pressure on tuition and other expenses at other higher education institutions.

It's high-time college costs -- at the very least -- decelerated.

For those of you who make more, I'm sure there are ways to shield that income (gifting, anyone?) from the calculation. And, really, if you make more than that, you can still get financial aid, scholarships, and -- heaven forbid! -- your kid can get a job.

Anyway, thanks to Ramit over at I Will Teach You To Be Rich for the information.

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  1. frugalchick // 2/25/2008 9:47 AM  

    Wow! This is great news for everyone who has the brains but not the funds to attend Stanford.

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