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Stanford trustees approve tuition hike

Original post made on Feb 12, 2014

Undergraduate costs at Stanford University – including tuition, room and board and a mandatory health fee -- will rise 3.5 percent next year, from $56,441 to $58,388, the university's board of trustees decided this week.

Read the full story here Web Link posted Wednesday, February 12, 2014, 12:18 PM

Comments (8)

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Posted by Not OK
a resident of Another Palo Alto neighborhood
on Feb 12, 2014 at 1:18 pm

College tuition is too high. Other schools will copy Stanford in an attempt to appear comparable. Student debt is becoming a national problem. I would eliminate the comma between "Broken down" and "undergraduates"!

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Posted by neighbor
a resident of another community
on Feb 12, 2014 at 8:47 pm

YES, tuition is too high, way too high. But, there's no competition or "race to the top" for tuition increases among schools.

While it's true that costs at Stanford-Princeton-Harvard-Duke are similarly high, these are not the highest cost universities. If you look at the highest private university fees (tuition + housing), most are very similar to Stanford's fees (regardless of size), many are higher, and there are some surprises. (SOURCE: Business Insider July 2013)

Northwestern 59,389
Haverford 59,446
Oberlin 59,474
Scripps 59,570
Harvey Mudd 59,592
USC 59,615
Carnegie Mellon 59,632
Johns Hopkins 59,802
Bard College 61,446
University of Chicago 60,039
Dartmouth 60,201
Sarah Lawrence 61,656
Harvey Mudd 61,760
NYU 61,977

Think UC might be cheap? Nope -- estimated annual costs (tuition + housing) is over $30,000. This is very scary indeed.

At least Stanford (along with other top private schools) provides 50% of its students with very significant support. Unfortunately, available "support" at most California public universities is only a very small fraction of costs..a couple thousand dollars at most.

It might be cheaper for students to apply to private universities and apply for scholarships and other financial support.

I certainly know that I could never afford to repeat my BA-MA-PhD history again.

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Posted by neighbor
a resident of Greenmeadow
on Feb 13, 2014 at 10:31 am

To increase tuition while enjoying a billion dollar endowment seems crazy, but maybe it's just me.

To include room and board in college costs is a bit misleading. A non-student living on their own, sharing an apartment with a roommate and covering food, would pay more than the $13K quoted for Stanford room and board.

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Posted by OldAlum
a resident of Adobe-Meadow
on Feb 13, 2014 at 5:42 pm

For some perspective, when I was there in the 50's, tuition was $750 for 3 quarters. Quite a rise.

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Posted by Iqbal
a resident of Downtown North
on Feb 13, 2014 at 7:03 pm

Just like the bad old days, when only the very wealthy could go to college. What next? Will girls have to have a higher GPA like they had to in the bad old days?

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Posted by musical
a resident of Palo Verde
on Feb 13, 2014 at 9:35 pm

Did I miss something? Looks like free tuition to me. My parents never earned anywhere close to $100K/yr. Yeah, things were different in 1972, but even today 75% of U.S. households earn less than $100K. When did everyone begin objecting to soaking the rich?

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Posted by fitbit
a resident of College Terrace
on Feb 16, 2014 at 9:07 pm

Please do not make generalizations about $100k income. In many metros, take the San Francisco bay area for example: $100k income is lower middle class. Say $5000/month after taxes, considering some of the highest costs of living, Stanford tuition is nowhere near affordable, and either the parents or student goes into over $200k of debt. For these reasons, many of these "middle / lower middle class" students decide they must forgo a Stanford education and go elsewhere.

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Posted by neighbor
a resident of another community
on Feb 17, 2014 at 1:08 pm

Musical -- if your parents earned 100k in 1972, it would have been equal to 570k in today's dollars. an income of 100k in California urban areas is not "rich."

Fitbit -- Colleges take local cost of living differences into account when admitting students and offering financial aid.

Highly qualified students should apply to the schools they want to go to, and if the school wants them they find a scholarship/financial aid for the students from families with low-low/middle-and middle class incomes. The resulting cost to the student is often comparable to a state school's cost.

That being said, it still is very expensive to go to university. I was still paying my own student loans while also paying my kid's loans.

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