01-03-2017, 05:34 PM
(01-03-2017, 05:04 PM)Boston Card link Wrote:Yes, but the tuition break is not necessarily for Stanford. It amounts to 50% of Stanford tuition, regardless of where the child enrolls (I believe it used to be 100% of Stanford tuition, but only if the child enrolled at Stanford). As expensive as college tuition has gotten, the benefit still only amounts to ~1% of Shaw's salary per year or so.
BC
You are correct, BC, until the early 70s the tuition benefit was 100% but only at Stanford. At the time the change was made, eligible employees were allowed to keep the 100% benefit, but they had to choose it right then, and could not be change their choice if their child(ren) could not gain admission. (Or wanted to go somewhere else -- can you imagine being a 17-year-old and telling your parents you wanted to go to an Ivy when you could go to Stanford for free?)
There was one professor, of whom I will always be in awe, who picked the 100% option in 1970 for a child who was not born until much later in the decade. The child graduated from Stanford in the 90s.That's confidence (maybe arrogance, but when you can back it up...).
