Yale ups tuition by $1.5k
As of July, Yale will no longer be the cheapest school in the Ivy League.
Tuition, room and board expenses for Yale College students will increase 3.3 percent, to $47,500 from $46,000, for the next academic year, University officials announced Tuesday. The moderate rise is in line with Yale’s recent cost hikes and also with those announced by its peer schools so far this year. But the cost of attending Princeton will undercut Yale’s bill by $480 in 2009-’10.
For many Yale students, though, the cost of attending Yale will actually decrease as families seek financial aid in...
This is outrageous to hike the tuition on working parents in this economy.
Maybe we should just all go on the dole and file for finanacial aid
Isn't that what obama"s policies support?
nothing like yale fleecing its students for more.
I really don't think this is that unreasonable. Yale's financial aid policy is the only think allowing me to be here, and this shouldn't affect that much if at all. And 3.3%? Could be worse, and it's hardly unexpected.
Yale should only increase tuition on future students. It seems grossly unfair to change tuition in the middle of a degree program almost akin to a breach of contract.
Wow: psychedelic! You're all for redistro of income in Obamaworld, but not here?
FYI: Yale still offers "needs based" assistance, and AFAIK, has not changed its free-ish ride policy for #2's "working parents."
It mostly socks it to the much-hated uber-wealthy (which includes, to a high degree, non-U.S. citizens).
What's good for the goose...
Tuition (along with aid payments) should be raised to the level that the market will bear.
It's better to have wealthy families have to pay a bit more to Yale (as Yale will use the money for fin aid or AIDS research), than to have those wealthy families have that extra $1.5K to spend on their teenager's SUV insurance or Whole Foods bagged lunches.
Raise tuition to $50K or more and expand financial aid for lower-income students even more dramatically. People will still send their kids here because, if you haven't noticed, Yale is still by far the best college in the world.
Yale is already much cheaper than a state school for the average family. The administration should raise tuition and increase aid so that it is even more affordable, and so existing programs can be maintained.
Before the newest aid policies my family barely made 6 figures yet I only got a few thousand dollars in "aid." When I got into Yale, the aid package was the worst in the Ivy League. If the new aid policy eliminated all that, y'all financial aid students don't know how lucky you are.
@7 gets it. @1-3 sound like unhinged, pathetic children of privilege.
Look -- nobody who pays full tuition at Yale is poor or even middle class. Yale's financial aid policy is so generous that if your parents make the median U.S. household income -- $50k/year -- or even 20% more than that, then they and you pay NOTHING. A full ride. For families making much, much more than the middle income, there are very large amounts of financial aid available, much of it in grant form rather than loans. That's as it should be. Indeed, Yale should continue to expand its financial aid system, and should offer some aid to people even higher up in what is quaintly called the "upper middle class" (i.e. the rich but not ultra-rich) than it currently does.
Raising tuition AND raising financial aid is the way to keep Yale within reach of everyone -- both those who can pay full tuition, and those who can't. This is the only hope Yale has for attracting the students it wants from all class backgrounds, and remaining the great national university it has been since the days of Kingman Brewster, rather than reverting completely to its previous status as a bastion of inherited wealth.
One would have thought that with 1% of Americans paying 40% in taxes, the purpose of a university wouldn't be to redistribute wealth even further. Or maybe we can have 1% pay 40% of the tuition too?
There are NO free rides at Yale! Your parents could make NOTHING per year and the student would still be responsible for the student contribution of $2500. That's fairly hefty if you are broke silly! It is in this scenario that the middle class are helped by the financial aid, and the lower class are hurt by it. A family making 60K has the ability to dish out $2500 while one making 10K does not.
I guess there getting ready for the increase in Pell Grants and other Federal payments comming from the Obama Administration. College pricing is worse then anything the "Big Oil" companies have everdone.