The Real Costs of Tuition Waivers

To the Editor:

The article about cuts in tuition benefits at Stanford University and the Massachusetts Institute of Technology is misleading on one tax point: University-provided tuition waivers are ordinarily taxable, not tax-free, for graduate-level education ("Stanford and M.I.T. Reduce Tuition Benefits for Children of Employees," February 26).

But, more serious than the technical glitch, the story

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