What an uplifting announcement from Stanford University today regarding changes to their financial aid program:
Under the new program, parents with incomes of less than $100,000 will no longer pay tuition. Parents with incomes of less than $60,000 will not be expected to pay tuition or contribute to the costs of room, board and other expenses.
The program also eliminates the need for student loans
Now the American and Canadian education industries are fairly different. But my limited exposure leads me to believe that access to higher education in the States is severely impacted by one’s ability to either pay or borrow large amounts of money. This announcement can hopefully be parlayed into wide-spread changes across the States and Canada.
Education, no matter what level, should be available to everyone, not just those that can afford to pay tuition and room/board.