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College and University Discussion
Reply to "Tufts new tuition free policy "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished." So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs. And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.[/quote] I’m starting to feel ticked off as well as I see more & more schools do this. [/quote] If this ticks you off maybe have your kids apply to schools they can afford. They don’t need to go Tufts or schools with the same policies.[/quote] They are. Obviously! That is not the point. It’s a philosophical question. Why should a family that earns $150k get full tuition when a similar student at $200k or $250k or even $300k does not. And let me tell you, the difference between $150k and 250k is not very much in practical terms. As you’re thinking about the wealth gap, with an ungodly number of millionaires and now billionaires, families that earn $150k $250k, they’re in a similar boat, and yet the $250k families are treated as if they are just as rich as the millionaires. It’s absurd. And so I am ticked off at that. My child will not be applying to any of these schools due to the price tag. But it’s an upside down world we live in, that’s for sure. [/quote] As someone who has lived in a HCOL area on 150k and 250k hhi - it’s life changing re: stress. [/quote]
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