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According to Stanford, the costs for a typical undergraduate student adds up to $58,846 per year. That’s over $200,000 for an undergraduate degree, and that doesn’t even account for the next several years worth of inflation.


However, the “typical undergraduate student” does

not

pay $58,846 per year. That cost is covered by four parties: the student; the student’s parents; the government; and Stanford itself. Parents earning the median US income are expected to pay

zero

towards tuition. There is no parental contribution at all for parents earning $60,000 per year or less; parents earning $100,000 a year or less aren’t expected to cover any tuition. Federal and state grants, as well as needs-based scholarships, should cover all of that.

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Q: What is the price of a Stanford University undergraduate degree?
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