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Comment by alex1 | Hacker News Reader

> People graduating with a degree from Stanford can be presumed to look for full time work at a salary sufficient to pay off student loans.

I just wanted to point out that Stanford has a no-loan policy. Most Stanford graduates owe either nothing or very little in student loans (anecdotal evidence so correct me if I'm wrong).

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For bachelor's and Ph. D. degree programs, this is true. In programs that have master's degrees (like CS for example), there are loans and aid comes from CAships or RAships.

I don't know where this claim comes from, but as a Stanford CS grad (MS) I never heard of such a thing. Stanford definitely offers loans.

I believe this is only true for undergrads, and they started doing this in 06-07 or 07-08. I was undergrad '09 and definitely had loans for the first year or two, but not in subsequent years after they instated the "no required loans" policy.

Well as far as I remember from when applying (unsuccessfully) to Stanford, they have a need aware policy, which means that they do take into account the financials of the student. So a student in a well-off family would be more likely to get in than a student in a lower class family (all other things equal).

I'd assume that would be a reason for lower student debt.

This is untrue. From the left column of http://www.stanford.edu/admission/:

"Students are admitted on a need-blind basis, and the university ensures that no admitted student is unable to attend."

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