<p>Anyone applying to private colleges and universities needs to understand the reality of tuition increases every year.</p>
<p>
[quote]
Tuition at Harvard has increased more slowly than costs at private four-year schools in general; according to the College Board, the overall tuition and fees at private four-year schools in the United States have risen at an average annual rate of 5.8 from 2001 to 2006.
[/quote]
</p>
<p>Swarthmore has increased tuition 5.5% this year. Tuition approx. $32,390, total cost with room and board to approx. $43,500 or so. There are references to other colleges in this article:</p>
<p>The Dartmouth Board of Trustees approved a 4.8 percent tuition increase for the coming year. The tuition hike, which amounts to $1,536, will bring the overall undergraduate expenses to $43,341, including room, board and mandatory fees.</p>
<p>MIT tuition and fees for 2006-2007 will increase by 4% to $33,600. Tuition, fees, room, and board will rise about 4.3% overall (the new total figure is not offered in the article).</p>
<p>(from President Hockfield's letter on p. 2:
<a href="http://web.mit.edu/newsoffice/2006/techtalk50-20.pdf%5B/url%5D">http://web.mit.edu/newsoffice/2006/techtalk50-20.pdf</a> )</p>
<p>From Princeton:</p>
<p>"For 2006-07, the committee recommended a 4.9 percent increase in the rate of tuition, room and board to $42,200, which compares to total undergraduate charges of $40,213 in 2005-06. The recommended increase is slightly lower than last years 5 percent and below the average national rate of increase. The College Board reported that tuition and fees rose 5.9 percent at four-year private institutions and 7.1 percent at four-year public institutions in 2005-06."</p>
<p>UChicago's up by 5.3%, financial aid will also increase.</p>
<p>"Alicia Reyes, director of College Aid, said that financial aid would also increase so that students can keep up with the rising tuition. The increase in financial aid is designed to keep the amount of tuition paid by students constant from year to year and comparable with peer universities, she said."</p>
<p>It appears as the full-freighters will be carrying the burden, looks like the progressive pricing being discussed on another thread in this forum is taking shape.</p>
<p>MODs:</p>
<p>Could you put this stick pin next to this thread? </p>
<p>Other parents, could you also list the tuition increases at your child's college as it would be very informative for the next group coming along (also a jumping off point for parents of rising seniors when discussing the cost of schools).</p>
<p>Yale, 2006-2007, tuition, room & board going up 5% from $41,000 to $43,050.</p>
<p>Reeds tuition is going up 5.9%
However they are adding full time faculty positions, increased funding for student research and support for Ecs, and will be increasing financial aid in line with increases in tuition costs
I think Reed costs are inline with Swarthmores</p>
<p>University of California is raising undergrad fees (i.e. tuition) by 8% for next year. Total cost with room and board for in-state students is around $23,500 (varies by campus though). </p>
<p>For out of state, ~ $41,000.</p>
<p>"Resident undergraduates: An 8 percent ($492) increase in mandatory systemwide fees, consistent with the compact with the governor, bringing these fees to $6,633 for the year. With additional miscellaneous fees charged by individual campuses, total average fees for 2006-07 are estimated to be $7,294. This figure is still more than $900 below the $8,212 projected average at the other public universities ( Illinois, Michigan, SUNY Buffalo and Virginia) around the nation that UC uses for fee comparison purposes."</p>
<p>I know schools pat themselves on the back when they keep increases below 6 or 7%, but the absolute dollar amounts are staggering (at least to me). Let me spell it out for ya:</p>
<p>FIVE PERCENT OF FORTY THOUSAND DOLLARS IS TWO THOUSAND DOLLARS.</p>
<p>If you think of it as paying sales tax on last year's bill, maybe it doesn't feel so bad. I prefer to think of it as adding a plasma TV to last year's expense!!</p>
<p>
[quote]
For out of state, ~ $41,000.
[/quote]
</p>
<p>Wow! Apart from the issues of size (too large) and weather (no snow), it would have as expensive for S to attend Cal than Harvard if we factored in travel.</p>
<p>Marite,
Yeah, or UC Riverside! I remember being amazed at out of state friends of mine at UCSB paying $17,000 when I was paying only $5,500 for COA. It does seem incredible, but as a taxpayer, I appreciate that I'm not subsidizing parents from other states who haven't paid into the system all these years.</p>
<p>University of California is raising undergrad fees (i.e. tuition) by 8% for next year.</p>
<p>I think the California tuition hikes got rescinded:</p>
<p>Macalester up from $36,000 to $39,200...
(that includes room and board)
and financial aid moved from need-blind to need-aware.
... and most students are already paying more than $1500 a year in transportation costs, internationals upwards of that.</p>
<p>rc251 -- You're right! I had forgotten about Arnold's New Year's gift of more money for the public universities. So, no 8% increase this year, afterall. Thanks for the reminder.</p>
<p>Boston University is also up 5% or so. Tuition alone is $33330. Add room/board of almost $11,000 per year, and the costs are pretty high.</p>
<p>What's interesting is that most of the people I know are getting salary raises of 2 or 3 percent these days. And people in my field aren't getting raises at all! I am remembering that phrase from another context, "giant sucking sound." ;)</p>
<p>Looks like another round of tuition increases that exceed the general inflation rate. The book Going</a> Broke by Degree shows that for 20 consecutive years that has been true.</p>
<p>Sooner or later, something's got to give.</p>
<p>No, it doesn't. Not until the list price equals or exceeds actual costs of providing the education (in other words, ending financial aid for those who don't require it.) Until then, as list prices go up, applications will go up in tandem. And prestigious colleges will pat themselves on the back for giving out more "needbased aid". </p>
<p>It's a win-win for everyone! ;)</p>