Icosian Reflections

…a tendency to systematize and a keen sense

that we live in a broken world.

IN  WHICH Ross Rheingans-Yoo—a sometime economist, trader, artist, expat, poet, EA, and programmer—writes on things of int­erest.

Lower Tuitions at Stanford


Stanford's in the news today for: Stanford just made tuition free for families earning less than $125,000 per year. The news is usually accompanied by pictures of smiling students and balloons:

A smiling student and some balloons.

For example.

...and it usually takes the article in question a few paragraphs to get around to noting that:

The announcement is an expansion of Stanford's old financial aid policy, which previously applied to students from families making less than $100,000 per year. (...)

...which raises the question: Just how many students at Stanford come from families with incomes greater than $100k and less than $125k? ...and just how desperately did those families need to have their tuition costs reduced from \(\leq\)$13.5k[1] to $5k[2]?

(EDIT | A bird in my ear mentions that $100k/yr puts you in the 80%tile of American families, which seems

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