Michael Teter

A member of the Philip Greenspun's Homepage community since February 10, 2002

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February 10, 2002, on Tuition-free MIT:
In response to Ben Ho: You state "Is it not possible that MIT students are going to the highest paying jobs because those are where they are most needed." Unless I misread, Mr. Greenspun suggested that graduating MIT engineers weren't going and getting 50k$/yr jobs at GM (designing ABS brakes), but rather were going back to medical, law, or business school so they _could_ earn the top paying jobs. You also state "first degree price discrimination is economically most efficient because it allows those most impoverished to attend." Have you forgotten the "poor" students who drop out because they can't afford to live while attending school? Or from my experience, I went to school with a young woman who got very little financial aid because her parents' old California home had rocketed in value to 400k$, and thus she was not considered "needy". Your argument is bunk anyway--free tuition _must_ be as or more financially feasible to the poor than the current system. The fact ...