03-27-2015, 06:20 PM
(03-27-2015, 05:28 PM)82lsju link Wrote:Stanford will expect no parental contribution toward tuition from parents with annual incomes below $125,000 previously $100,000 and typical assets. And there will be zero parental contribution toward tuition, room or board for parents with annual incomes below $65,000 previously $60,000 and typical assets.
The USA median household income is now around $52,000. So $65k includes a large number of middle income families. Many in USA define middle class as the group between 75% and 200% of the median household income. And that would imply that the entire USA middle class would fall into that $125K tuition free zone. That's nice.Â
No need to comment on Bay Area middle class realities. A household earning $40,000 in the SF Bay Area is unlikely to consider themselves middle class, and certainly will not have a traditional middle class standard of living.

