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.
Please follow College Inc. all day, every day at washingtonpost.com/college-inc.
And for all our college news, campus reports and admissions advice, please see our new Higher Education page at washingtonpost.com/higher-ed. Bookmark it!
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
Save & Share: Previous: Coffee with UW President Emmert
Next: Foes of student aid bill remain
Posted by: Trying1 | March 23, 2010 4:30 PM | Report abuse
The comments to this entry are closed.