What happened: Yale University announced it will provide free tuition to students from families with incomes below $200,000, and waive other costs for those earning under $100,000. This move aligns Yale with other top universities expanding financial aid.
Why it matters:
- Increases access to elite education for middle- and lower-income families
- Reduces financial barriers for prospective students at Yale and similar institutions
MNN Take: Yale's updated financial aid policy aims to make higher education more affordable and inclusive by easing the cost burden for many families.
Sources: NYTimes US