alt Hacker NewsI never like these hard cut-offs. We should establish a name/expression for all these rules a simple wording which represents 200k=0% and eg. 250k=100% or something.
Otherwise we always have a situation where making more money suddenly leads to less net
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They don't give a lot of details, but they cover a substantial portion of the tuition for families making $200,000 or even $225,000:
https://sfs.mit.edu/undergraduate-students/the-cost-of-atten...
It's 'not progressive', but that might not fly in the US.
i.e. in a progressive fee structure, your marginal fee if your family earns 250k would be whatever%, but that would only be due on the amount over 200k.
You mean there's no sliding scale here as in tax brackets? Citation please?
Agreed. For the parents who make $200,001 in income, they're screwed.
Sometimes they are called 'cliffs' - in the UK people talk about the tax cliff at 100k income where your marginal rate increases and you lose free childcare.