Stanford trustees approve tuition hikes Issues Beyond Palo Alto, posted by Editor, Palo Alto Online, on Feb 12, 2013 at 3:36 pm
Stanford University's undergraduate charges will rise 3.5 percent next year to $56,441, the board of trustees decided this week. A similar 3.5 percent increase was approved for general graduate, graduate engineering, medical and law students, while business students will see their tuition rise by 3.9 percent.
Read the full story here Web Link posted Tuesday, February 12, 2013, 1:33 PM
Posted by neighbor, a resident of another community, on Feb 12, 2013 at 7:46 pm
Whew: read the article again.
--- Stanford students from families with income below $60,000 pay no tuition, room or board. Those from families with incomes between $60,000 and $100,000 pay no tuition.
--- Half of the students receive income-needs based financial aid and have families with incomes below 100k. Another 20% receive other kinds of financial aid.
--- Upon graduation, 75% of the students leave debt-free.
One does not have to be filthy rich to go to Stanford. But ones has to be really smart, really mature, really creative, really motivated, and really lucky....because thousands of applicants from all over the world fit the aforementioned criteria.
Posted by RogueTrader, a member of the Gunn High School community, on Feb 12, 2013 at 10:05 pm
"75% graduate debt free"
That's because most students who attend are from rich families who pay full fare and subsidize everyone else, or the poor who get large amounts of financial aid.
Many of those in the middle look at the financial aid offer package and decline to attend, or they never bother to apply in the first place.
If you are interested, you can get an estimate of how much financial aid a family might get on these links
Posted by neighbor, a resident of another community, on Feb 12, 2013 at 11:20 pm
Stanford's applicant and student profiles -- as well as its financial aid policies have been openly published and well-documented for years. Their goal is to get a student body of talented extremely smart, but well-rounded individuals, from all over the U.S. and the world.
Although they admit some students from local families, they are not a University for local or state residents. Princeton, Harvard, and Yale and similar private universities are also not obligated to admit from their local towns (and their geographic diversity interests might be a good thing for smart California applicants).
On the other hand, UC and CSU campuses -- as state institutions -- exist to serve California residents.
Private Universities can set their own admission policies as long as they are legal and non-discimminatory. On the whole, SU has maintained a geographically and racially diverse student body whose only common denominator is superior student intellect and talent.
Town/gown issues are complex, and development by both sides will lead to friction at times.....but from the Peninsula community's participation in SU cultural, intellectual and sports activities, it appears that most area residents see the University as a bonus to living here.
Without Stanford, Palo Alto would just be Burlingame,
Posted by RogueTrader, a resident of the Green Acres neighborhood, on Feb 13, 2013 at 10:22 am
"Neighbor" continues to parrot the party line as if he's reading it straight off the brochure. Let's examine this statement: "Private Universities can set their own admission policies as long as they are legal and non-discrimminatory. " (end quote)
Do you think it is an equal playing field for all ethnic groups when applying to private colleges? If not, isn't that a textbook definition of discrimination and therefore illegal?
"A study by Princeton sociologist Thomas Espenshade examined applicants to top colleges from 1997, when the maximum SAT score was 1600 (today it's 2400). Espenshade found that Asian-Americans needed a 1550 SAT (>99.5 percentile) to have an equal chance of getting into an elite college as white students with a 1410 (96 percentile) or black students with an 1100 (61 percentile)."
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