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Rice University Says Middle-Class And Low-Income Students Won't Have To Pay Tuition (npr.org)

Rice University is "dramatically expanding" its financial aid offerings, promising full scholarships to undergrads whose families have income under $130,000. NPR reports: The school says it wants to reduce student debt -- and make it easier for students from low-income families to attend. "Talent deserves opportunity," Rice President David Leebron said while announcing the plan on Tuesday. The full scholarships are earmarked for students whose families have income between $65,000 and $130,000. Below that level, the university will not only cover tuition but also provide grants to cover students' room and board, along with any other fees. Another part of the program will help students whose family income surpasses the maximum: If their family's income is between $130,000 and $200,000, they can still get grants covering at least half of their tuition.

8 of 250 comments (clear)

  1. Re:The long fall to Socialism by Joce640k · · Score: 4, Insightful

    If your family is pulling in $130,000 and you can't afford an education then the problem's in the Universities.

    Maybe those $100 million sports facilities and plasma TVs in every bedroom aren't really needed.

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  2. Re:The long fall to Socialism by El+Cubano · · Score: 4, Insightful

    As the US continues it's long fall towards Socialism, I am saddened by the low information populace who think that this will be a panacea.

    Let me try to help you out:

    From WordNet (r) 3.0 (2006) [wn]:

    socialism
    n 1: a political theory advocating state ownership of industry
    2: an economic system based on state ownership of capital [syn:
    {socialism}, {socialist economy}] [ant: {capitalism},
    {capitalist economy}]

    Rice University: William Marsh Rice University, commonly known as Rice University, is a private research university ... (emphasis added)

    As someone who is strongly committed to both free market principles and also smaller government I think this is utterly fantastic. It doesn't get better than this. It is the polar opposite of Socialism.

    The university, a private entity, has made a public financial commitment that better serves its own interests and the public good. Why hate on that? I mean, seriously, I would much rather see this sort of thing than more government handouts. Those handouts require the government to use the police power of state to confiscate private property (the money each taxpayer earns) and then use a corrupt and inefficient system to dole it back out. In fact, federal education spending is probably the most wasteful spending on the part of the federal government. The university doing this for themselves means that they have a vested interest in efficiently applying the funds in question and in producing the best outcomes (successful alumni who improve the school's reputation and donate back to the school).

    Sorry, but you are way off base and this should be the way that education gets fixed in this country: by the schools, not by the government.

  3. Re: The long fall to Socialism by PopeRatzo · · Score: 1, Insightful

    The trouble with socialism is that eventually you run out of other people's money to spend.

    I hate to burst your little bubble, but that's also the trouble with capitalism.

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  4. Loss leader? by jbmartin6 · · Score: 4, Insightful

    They will cover tuition, but what about all the other costs? Not covered unless your family is below that $65k mark. I wonder if they found that they still make a nice profit on the room and board, etc.

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  5. Re: The long fall to Socialism by ShanghaiBill · · Score: 5, Insightful

    One semester of bad grades, and out the door German college students go.

    That seems like a good incentive for students to do their best.

    German 'poors' are routed into apprenticeships, same as their parents were.

    No, German 'dumbs' are routed into apprenticeships. It is based on aptitude, not income.

    And there is nothing wrong with apprenticeships. They are a good option for people that are not academically gifted.

    I went to college and did an apprenticeship in metal working. Knowing how to use a metal lathe and CNC mill turned out to be very useful life skills.

  6. Re: The long fall to Socialism by Anonymous Coward · · Score: 2, Insightful

    Very good fucking point my friend!!

      I cooked for 10 years. In good restaurants, some the best or busiest in their town. One might call me an apprentice chef, well not anymore, but then.

    Too bad those 10 years of apprenticing got me nowhere! All I know how to do is cook very good healthy fresh food for a lot of people and also bake bread and do so with health and vigor and flavor and community in mind!

    Woe is me, however will I apply all of these completely useless skills that I learned outside of college!

  7. Socialism argument aside.... by WolfgangVL · · Score: 3, Insightful

    If they can afford this and keep the lights on, it really shows how much we are all overpaying for higher education.

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  8. Re: The long fall to Socialism by Immerman · · Score: 3, Insightful

    Firstly, intelligence and wealth don't correlate very well. Plenty of stupid-to-mediocre people have become rich (most athletes and actors spring to mind), and plenty of brilliant ones "waste" their life in intellectual pursuits rather than accumulating wealth.

    Also, the genetics of intelligence are not so simple. There's plenty of brilliant kids born to mediocre parents, and plenty of mediocre kids born to brilliant parents. Society is best served if the poor, smart ones are able to develop their intelligence into valuable skills, rather than pursuing whatever dead-end stream of jobs keeps food in their belly. Of course, that means added competition for the stupid rich kids, so the wealthy are often opposed to the idea.

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