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Some Ivy League schools reduce tuition hikes

Issue date: 3/27/08
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Tuition increases at some Ivy League schools for the 2008-09 academic year will be less than those seen in the past several years. Tuition, room and board charges at Harvard College will increase by 3.5 percent to $47,215, the smallest jump seen in seven years.

Additionally, the College plans to increase the financial aid budget by 21.4 percent. Yale's increase will be even less: Their tuition, room and board costs will increase by only 2.2 percent next year.

Like Harvard, Yale recently announced a significant expansion to their financial aid services. The increase in fees at Princeton is somewhat higher, with a 3.9 percent rise to $45,695.

As reported last week in the News-Letter, the price at Hopkins will experience a greater increase than these schools (5 percent).

According to the College Board, the total costs of attending private, four-year universities rose by an average of 5.9 percent for the 2007-08 academic year, which happened to be the same amount by which Hopkins's tuition increased this year.
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