MIT, Brandeis to waive tuition for students with families earning below a certain income

Not distance learning, but....

Two Boston-area universities, the Massachusetts Institute for Technology in Cambridge and Brandeis in Waltham, announced plans to cover full tuition for undergraduate students whose families earn less than a certain threshold amount starting in fall 2025.

AT MIT, incoming students with an annual family income below $200,000 will have tuition fully covered by the university, and students from families with income below $100,000 will have their tuition covered as well as all other fees, like housing, dining, and an allowance for books and personal expenses.


MIT, Brandeis to waive tuition for students with families earning below a certain income

 

There seem to be more opportunities for everyone to continue to be more available. The only question is how it is easy to get into MIT and Brandeis?

 

MIT? Really hard. Brandeis? Don't know.

Not to sound as deeply cynical as I am, I wonder if this "generosity" has anything to do with keeping their tax exempt status.

 

Aren't non-profit colleges and universities considered as non-profit organizations getting tax exempt automatically?

 

In theory, yes, but a few years ago, Sen. Chuck Grassley started asking just how "nonprofit" can any institution be that pays staggering large salaries to top administrators (and coaches) while accumulating hundreds of millions of dollars in endowments yet never seems to actually give anything away. He was right, too. The result was a sudden flurry of tuition waivers.

 

Exactly.