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JHU tuition crosses $40K mark

Update: Georgetown will not be the next school to cross the $40,000 tuition marker.

Tuition at Johns Hopkins University will pass $40,000 next year, placing the school in a small but growing class of institutions that have dared to cross the 40k marker.

In its news release, the university stressed the comparatively small size of the annual increase. It's a 3.9-percent bump to $40,680 tuition for the nearly 5,000 full-time undergraduate students in JHU's Krieger School of Arts and Sciences and Whiting School of Engineering.


"The increase will be the second smallest in percentage terms for those schools in 36 years, since the 1974-1975 academic year. The only smaller percentage increase was 3.8 percent this year," the school said.

Who else charges $40,000 a year? The web site CampusGrotto publishes an annual list.

There are 11 colleges at the $40,000 price point this academic year:

1. Middlebury College $43,690
2. Connecticut College $42,335
3. Sarah Lawrence College $41,040
4. The George Washington University $41,610
5. Vassar College $41,335
6. Colgate University $40,690
7. Bucknell University $40,594
8. Skidmore College $40,420
9. Carnegie Mellon University $40,300
10. Union College (NY) $40,068
11. University of Richmond $40,010

Other local schools of note:

12. St. John's College $39,992
29. Johns Hopkins University $39,150 (this is current-year tuition)
41. Georgetown University $38,616
61. Washington and Lee University $37,990
89. Loyola University Maryland $36,510

Will Georgetown be next local college to pass $40,000?

Many colleges on the list have responded to the economic downturn by slowing the rate of tuition increases -- from 5 and 6 percent to 3 and 4.

I guess that's why the number of schools charging $40,000 hasn't grown much. Here's the tally from 2008-09:

1. Bates College $43,950
2. Middlebury College $42,910
3. Colby College $42,730
4. Union College (NY) $40,953
5. Connecticut College $40,900
6. George Washington University $40,392

In 2007-08, no one charged $40,000. At the time, GWU had the highest tuition in the nation at $39,210, according to CampusGrotto.

I hasten to add that a student's AVERAGE tuition in four years at GWU will be comparatively lower, because of the school's unusual policy of charging students the same tuition all four years.

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By Daniel de Vise  |  March 22, 2010; 1:24 PM ET
Categories:  Access , Administration , Finance , Privates , Rankings  | Tags: Georgetown University, Johns Hopkins University, college finance, tuition and fees  
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One of the main reasons my son and I chose George Washington University was the fact that they gaurenteed the tuition for up to 10 semesters, provided he passes all his classes. It doesn't mean that the schools tuition will not go up each year for incoming freshman but it does means that for those 10 semesters we know where we stand on costs. No 3% this year and 5% the next year, and so on. My son has the wonderful opportunity of going to a top notch school and I get to sleep a little easier not worrying each year how much more tuition will cost and how much more we will have to spend to keep him there. It has truly been a blessing. If all schools followed this example our higher education system might not be in the situation it is. Education has been and always will be expensive but GWU is doing what it can to make things easier for parents and children.

Posted by: Trying1 | March 23, 2010 4:30 PM | Report abuse

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