This is old news, but because it benefits some library users ( friends and relatives too) that are heading to Ivy League colleges, I will have to include it with my posts.
In the past five months most of the Ivy League Colleges announced plans to cut their tuitions for low income families.
Harvard University was the first one, that declared that families with incomes between $120,000 and $180,000 will only pay up to 10% towards annual tuition. For families with less than $60 000 income, education in the prestigious Massachusetts institution will be free.
To compete with Harvard, Yale University, Brown, Cornell, University of Pennsylvania and Columbia also developed similar plans.
"The calibration has to do with how many kids are in the family, how many kids are in college at the same time", said Nicholas Dirks, Columbia's Vice President for Arts and Sciences. "But roughly speaking a family making $75,000 will have their tuition bill, in terms of what they actually have to pay, cut in half." Read more at the The Kept-Up Academic Librarian blog.