This morning, AHinks sent out an email to students explaining a 2.9% overall increase in tuition and fees, the smallest increase since 2000. The email provides specific breakdown of full tuition, in keeping with an effort for more transparency. Those lucky high school seniors who just got accepted can look forward to a total cost for tuition, fees, room, and board of $59,000.
The rise in tuition this year is seemingly organic and was approved using national economic data including the CPI, median family income measures, and home price indices. There were no significant changes in policy, such as last year’s repeal of part-time tuition fees.
A portion of these increases comes from a hike in housing prices. Multiple occupancy rooms will be $8,450, up from $8,240 (~2.5% increase); single rooms are $9,800 from $9,480 (~3.4%); and those magnificent studio single apartments will be $14,500, up from $12,000 (~20%!). By Bwog’s math, single rooms are $1,090-$1,225/month (depending if you count winter break/May as a full month) for a bed, a desk, and several cubic square feet of free space–that is, if you can even get a room. Here’s to hoping prices will go down once you get a roommate forced on you!