Monday, January 14, 2008

Yale tops Harvard in Financial Aid Reform

Yale just announced financial aid reform that surpasses Harvard's, extending the "pay no more than 10% of your household income in tuition" to families that make between $180,000 and $200,000 a year, whereas Harvard caps it at $180,000.

The question is - what happens to familes that have household income of $210,000? Do they get the old formula, which would have given them $0 in finanicial aid?

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