On: Undergraduates with family income below $200k will be tuition-free at MIT

[VincentEvans]

What happens if family earns $200,001 ?

Follow up question - what is a “family” here? A single parent with 3 kids? A married couple with one child?

[montag → VincentEvans]

Why don't they determine aid with a formula, instead of using these thresholds that set up weird incentives? (Same question applies to tax brackets)

[alkonaut → montag]

I think there is a formula. From what I understand of the figures, $200k is just where the tuition reached zero?