MIT to waive tuition for families making less than $200K

I think it's cool, but it needs to be slightly modified so that it reaches almost $0 at about $100k and decreases help slowly up to around $300k and then increases price drastically around $500k+. Below $100k, it should go down moderately negative (UBI-style) to help with all other expenses (incl. housing) for students who are somewhere expensive, probably for the first time, and can't really afford the area except to go into crushing debt that cannot be discharged in bankruptcy.

Also, throw away the out-of-state tuition "tax"... while this might be a way to extract money from countries like China that pay for their students' education abroad and rich students' parents anywhere else, it doesn't do anything except burden American students who can least afford it and limits their choices.