Congratulations to two of the most prestigious (and expensive) universities in the country. Both Harvard and Stanford have instituted policies to waive tuition for students whose family incomes are less than $100,000. The details are more complicated, but the bottom line is that these two universities with their multi-billion dollar endowments have recognized that the cost of their tuitions weed out all but the extremely wealthy and perhaps a few who are extremely brilliant.
What that means is that the campuses wind up with only one class of student with no diversity of ideas or perspectives. This policy change at these universities will significantly broaden and diversify the field of brilliant students from which they may select the best. It will also provide a cultural base on campus that will allow students to interact with a range of people whose backgrounds may differ from their own. And that's one of the major benefits of a college education.
I hope other universities will follow Harvard and Stanford's lead.
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