COLLEGES & UNIVERSITIES

 Nice News - We recently shared the news that the average cost of college tuition has been quietly trending downward for students. In the same vein, MIT announced earlier this week that more undergraduates will have their tuition covered by the prestigious university.
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In the updated financial aid plan, undergraduates with a family income below $200,000 will have their tuition covered, up from the previous threshold of $140,000. Those with family income below $100,000 — which constitutes about half of U.S. families — will also have their housing, dining, and fees taken care of, plus “an allowance for books and personal expenses.”
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MIT is one of the few colleges in the country that is “need-blind” for both U.S. and international students, meaning the university doesn’t factor in an applicant’s ability to pay in the admissions process. Washington and Lee University and University of Notre Dame recently adopted the same policy.
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“The cost of college is a real concern for families across the board, and we’re determined to make this transformative educational experience available to the most talented students, whatever their financial circumstances,” MIT President Sally Kornbluth said in a statement. “So, to every student out there who dreams of coming to MIT: Don’t let concerns about cost stand in your way.”