Stanford University Helps Out Middle Class
Stanford is the latest college to severely cut costs for students, expanding financial aid well into the middle class. Students from families earning less than $100,000 will pay no tuition under the new system, and families earning less than $60,000 also get a break on room and board. Stanford has the third largest endowment of all American universities at over $17 billion, so this was not exactly unexpected after Harvard, Yale, and Dartmouth announced similar plans in recent weeks.
If this keeps up, your younger siblings might actually go to quality schools without putting your parents out of early retirement.
