<p>"TRENTON, New Jersey (AP) -- Aided by one of the nation's largest endowments, Princeton University decided Sunday not to raise tuition, something it hasn't done in four decades.</p>
<p>Trustees chose to keep tuition, for both in-state and out-of-state students, at $33,000 for the 2007-08 school year. It's the first time since 1967-68 that annual tuition hasn't increased.</p>
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Trustees chose to keep tuition, for both in-state and out-of-state students, at $33,000 for the 2007-08 school year. It's the first time since 1967-68 that annual tuition hasn't increased.
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Why would they have different tuitions for instate and OOS students?</p>
<p>OMG, what a fraud!! And we fell for it, hook line and sinker!! They got the headline they wanted: Princeton will not raise tuition.</p>
<p>I just read the article. Princeton raised tuitioni in 2005/6 by $1550, to the current $33,000. This year they are not raising tuition (Yay!!! aren't they wonderful!!) but they are increasing room and board.... by $1780 !! which represents an increase in total cost of around 4%. </p>
<p>I don't care. I'm not sending anyone to Princeton, but I do think it's funny. They can brag about holding the line... for the first time in four decades!!! ha!</p>
<p>They already have it, in the form of small grants (rather than loans) to families earning in excess of $135k (and sometimes significantly more). It is their attempt to use the brand, plus the prestige of "a scholarship", to ward off the Vanderbilts/Emorys of the world.</p>
<p>The room and board will go up by 19.3% ($1,780). Net increase will be about the same as last year. (I was happy reading the headline, but .....)</p>
<p>NJRes, Exactly. They captured a headline, and you are all talking about it. In the meantime, room and board climbs, wow is that right, 19.3%!! Our family would like a 19.3% pay raise to go with that.</p>
<p>Princeton has the largest endowment per student by quite a bit. I'm not all that impressed that they are holding the line on tuition, especially given their R&B increase. Does this mean Princeton is spring-loaded for future tuition increases?</p>
<p>Raising the room and board versus raising the tuition does not help students and families at tax time since R&B are not deductible. This is particularly shortsighted at residential colleges.</p>
<p>The eating club prices could very well go up. We had ruled out eating clubs. At that time price did not enter. We thought the regular meal plan would better meet our dietary needs and why should we subsidize other people's booze.</p>
<p>Well, at least we were happy for 24 hours! Wouldn't be so hard to take if the rooms were nicer...but at least the food is top notch. Wish I could bring their chefs home with me for a week. All of my visions of S finally appreciating my home cooked meals when he came home were replaced with observations such as "What, no caramel glaze for the carrots?" </p>
<p>I give up; just gotta laugh and hope he's enjoying it to the same degree that I feel pain when I write out that check (which was this morning btw - somewhere there's gotta be some irony in that).</p>
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The eating club prices could very well go up. We had ruled out eating clubs. At that time price did not enter. We thought the regular meal plan would better meet our dietary needs and why should we subsidize other people's booze.
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<p>Princeton has already approved a measure that starting next year, eating club prices will be payed by the university in the form of more grants.</p>