Free tuition at Stanford

This is brilliant…how much great press can a university get – Standford is offering free tuition:

The university is making the change in the wake of published reports last month that its endowment had grown almost 22 percent last year, to $17.1 billion. That sum had begun to attract attention from lawmakers who want wealthy institutions to do more to reduce tuition costs.

Wow – this is huge…it will be very interesting to see how other colleges respond.  All I ever hear from the state regents in Iowa is how much more they are increasing tuition.