Friday, February 22, 2008

Paid In Full...

Stanford University just gained some major points in my book. The Ivy League school just took the financial pressure off of students scared to apply because of their financial situation. Starting Fall Semester ’08, if you get accepted into Stanford and your parents make less than $100,000 a year, then the school is covering your tuition. This money won’t be stripped if you have a bad semester like a scholarship, and it’s not going to chase after you when you graduate like student loans do. The school is paying the entire $36,000 (damn that’s a lot) that it costs to attend yearly. Even doper than that, if your parents make under $60,000 a year, the school will cover room and board as well.

The only catch to this is getting accepted to the school. A lot of applicants who seemingly have the academic and extra curricular criteria still get turned away. Last year Stanford only accepted 11% of the students who applied to the school. While getting in may be hard, things just got a lot easier on the 1/3 of students at the school, whose families don’t make $100,000. If you know someone in high school, who comes from middle to lower class income, and they meet the criterion to attend a school like Stanford, then encourage them to apply.

Maybe Black Colleges should look into something like this with all the money they got folks spending…hmm?


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