Community Chat

[Mz iMac]

Harvard University President Alan M. Garber and Edgerley Family Dean of the Faculty of Arts and Sciences Hopi Hoekstra on Monday announced that Harvard College will be free for students from families with annual incomes of $100,000 or less and tuition-free for students from families with annual incomes of $200,000 or less. This significant expansion of financial aid, which begins in the 2025-26 academic year, will make Harvard affordable to more students than ever, especially from middle-income families.

SOURCE:  FULL artical---> NBC dot com

[lgfan]

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@Mz iMac wrote:

Harvard University President Alan M. Garber and Edgerley Family Dean of the Faculty of Arts and Sciences Hopi Hoekstra on Monday announced that Harvard College will be free for students from families with annual incomes of $100,000 or less and tuition-free for students from families with annual incomes of $200,000 or less. This significant expansion of financial aid, which begins in the 2025-26 academic year, will make Harvard affordable to more students than ever, especially from middle-income families.

SOURCE:  FULL artical---> NBC dot com

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You know this will mean that students from wealthy families will become emancipated so their parents' income won't be considered for the tuition requirements.

[kaydee50]

I think ALL education should be free up to and including 2 years post high school.

[JoyFilled Warrior]

@Mz iMac   WOW!!!   Thank you!

This is definitely, serious,  "Food for Thought!" 

[mrshckynut]

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@kaydee50 wrote:

I think ALL education should be free up to and including 2 years post high school.

@kaydee50     how about skilled trade schools free up to 2  years post high school or GED            seems like most seem to think college is the answer while skilled trade have millions of job openings

mrshckynut 

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[meem120]

I think it's wonderful but I wonder what precipitated this decision.

[DSD2]

I think that's wonderful!! 

[Venezia]

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@mrshckynut wrote:

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@kaydee50 wrote:

I think ALL education should be free up to and including 2 years post high school.

@kaydee50 how about skilled trade schools free up to 2  years post high school or GED            seems like most seem to think college is the answer while skilled trade have millions of job openings

mrshckynut 

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@mrshckynut - The post said "ALL education".  Last I knew, skilled trade schools and a GED were considered education.  The post never specified college.

[Desert Lily]

Please note that it's only the tuition that's waived for families making under $200,000. Living expenses (I think the article I read said $26,000 per year) are not included.

Tuition, food, housing, health insurance, & travel expenses are paid for those students from families making under $100,000.

Back in 2012, I believe the qualifying amount for a single parent household income was around $60,000 at my child's ivy league university. All scholarship $ & grant $ earned in high school by my child went to the university. My child was on my health insurance (children can stay on until age 26), & I footed the bill for travel expenses, extra food, extra sundries, internship travel & expenses for unpaid internships, etc. In 2015 or 2016, a law was passed that interns had to be paid for their work.

Even if students tried to wait 2 years of being off their parents' support, they'd be required to show what they accomplished during those 2 years. Were they attending a different university? Were they working? Etc.

Offering free tuition to families making less than $200,000 is a way to include highest achieving students from other economic levels besides the top 5%.

Only about 3.5% of students who apply to Harvard are accepted.

I put $300-$400 per month in a joint account for incidentals & spending $ for my child. I remember I ended up eating bread sandwiches (no $ for anything on them) and crossing my fingers that the gas fumes left in my car's gas tank near the end of my paycheck period would get me to work through the end of that 2nd week.

Helping those students' families that make less than $100,000 with the actual encompassing expenses is a good thing.

[Goldengate8361]

The acceptance rate is less than 4%....and that's among applicants that apply, thinking they might actually get accepted. I think their endowment is super large, so if someone actually gets accepted within those incomes, this is a good deal, of course.