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Tuition increase moves in right direction
By David Altschuler
It will cost $29,950 to attend Yale next year, an increase of $1,070,
President Richard Levin announced on Wed., Feb. 26th. While this is still a
hefty rise, it is only a 3.7 percent jump over this year's costs, making it as
the smallest percentage hike since the 1968-69 school year.
The 3.7 percent overall increase consists of a four percent boost in actual
tuition costs and a 2.5 percent increase in room and board costs. Yale
administrators contend that the minimal change in room and board fees is a move
to keep students on campus. "We want to make sure the cost of living in
colleges is not driving students off-campus," Lloyd Suttle, Associate Provost,
said.
According to University officials, another driving force behind the small size
of the tuition hike is the pressure put on private universities in the public
spotlight. "A lot of public attention--including Congress's--has been put on
the cost of private education," Suttle said. "We'll have to look for other ways
to accomplish a balanced budget."
Suttle said that for prestigious universities like Yale, the demand is so
great that a rise in tuition is not a threat to enrollment. "We have five times
as much demand [as places available for applicants]...Yale could price itself
out of the market; however a small group of schools that are selective
[including Yale] don't want to be standing out there a lot farther away," he
said. For this reason, Yale's $29,950 price closely matches that of other
highly selective universities.
"When you compare the cost of education with general inflation, you ignore
that inflation measures the same market basket. Year after year, we're
enhancing the quality of education in so many ways," Suttle said. He pointed to
Yale's investment in technology and infrastructure as examples of Yale
improving what it offers its students.
Moreover, Yale officials insist that the increases won't hurt families who
can't afford its hefty price tag. "At Ivy League schools, because we're the
last with need-based aid, the pressure isn't shifted to needy students," Gary
Sax, director of budget and planning, said. While Sax and Suttle conceded that
the slowdown in tuition increases will force the University to look elsewhere
to balance its budget, they claimed that cost control measures were in place
and that Yale's financial position is, and will continue to be, secure.
Despite these assurances, it is clear that, to many students, an increase in
tuition is simply an increase in an already staggering amount of money. "The
reality of the increase hasn't really hit me. Tuition is already so high that
any increase is dwarfed in comparison to the full amount," Dan Larlham, SM '00,
said.
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