Undergraduates with family income below $200,000 can expect to attend MIT tuition-free starting next fall, thanks to newly expanded financial aid. Eighty percent of American households meet this income threshold.

Newly expanded financial aid will cover tuition costs for admitted students from 80 percent of U.S. families.

  • Flocklesscrow@lemm.eeEnglish
    1·
    23 days ago

    They’ve got a $24.6 Billion endowment; the tuition costs are negligible. This is basically a marketing ploy.

    • ⓝⓞ🅞🅝🅔@lemmy.ca
      1·
      23 days ago

      Still incredible, I think. Consider all the resources of various institutions and corporations which are not used in such a way. If only more did similar.