Brown University Ends Tuition for Lower-Income Students

[babylonsister]

http://www.nytimes.com/2008/02/25/education/25brown.html?_r=1&ref=us&oref=slogin

Brown Ends Tuition for Lower-Income Students


By BLOOMBERG NEWS
Published: February 25, 2008


Brown University is eliminating tuition for students whose parents earn less than $60,000, after decisions by fellow Ivy League universities to bolster financial aid as their endowments grow.

The university, in Providence, R.I., said on Saturday that it also planned to substitute grants for student loans in the financial aid packages of students whose families earned less than $100,000 a year. The new program cuts reliance on loans for all students regardless of family income, the university said in a statement posted on its Web site.

Brown also announced plans to increase tuition by 3.9 percent for the 2008-9 academic year to $36,928. With room and board, the costs are $47,740 for one year.

“Since 2001, Brown has made financial aid for our students one of our highest priorities,” Brown’s president, Ruth J. Simmons, said in the statement. “Today, we take another major step forward to ensure that our nation’s best students from lower- and middle-income families can attend Brown and graduate without the enormous burden of college debt.”

Brown’s action follows similar moves by Harvard, Yale, Dartmouth and Stanford.

[havocmom]

1. Harvard, then Stanford, now Brown... Proof that trickle down economics didn't work

Lots of big schools have been sitting on too much money donated by all those folks who benefit from cheap labor, stock shenanigans and tax cuts. Now, there hoards of money are reaching the point they are running into some rules problems.

Am glad some young people will be getting some help with school, but look further; it is a symptom of a seriously dangerous condition in America. The money keeps sifting to the top and the top is NOT reinvesting in all that manufacturing infrastructure we were told they would if we took tax burdens off their shoulders and put it on our kids' and grandkids' shoulders. So much $$ at the top that their donations (tax deductible?) to schools have reached the point that the foundations are forced to cut loose with more funds to stay within rules.

Good that some will get school. But, how much more could we do as a nation if we just rolled back those tax cuts and got the hell out of Iraq? All young people would be better off.

[aikoaiko]

2. Tuition paid for at all GA state universities for all residents

....who graduate a GA high school with a 3.0 or better GPA or who move to GA and prove themselves with a 3.0 GPA after 2 semesters at a GA university.


I like to post this because in this way, GA (and a few others) were way ahead of the curve.

[fed-up]

3. wish CA State Univ would do same-son made $10K last year-tuition for Chico State-$4k-

He will be finished junior college this semester and will hopefully transfer to Chico State.

As soon as I get my taxes done he can fill out the FAFSA to see what aid he qualifies for. He has already found that working full-time and going to school fulltime leaves him little time for homework. At least he has dropped his plans to take 17 units next year! The sad part is that at his current job he just qualified for health care, but he realizes that he will have to find a different part time job so he can keep up with his studies which will leave him without healthcare....

My income was only a few thousand for the year so hopefully he will qualify for some grants.

Tuition just keeps rising every year, cutting more and more students out of an education that they need to get a decent job.