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8 Takeaways From Harvard’s Task Force Reports
Yale is still trying to keep up with Harvard.
The Yale administration has announced it will increase its tuition, room and board fees next year by 11.9 per cent to $9110.
But Harvard officials have already announced an expected 12-per-cent increase in student costs, pushing fees well over the $9000 mark.
Harvard's increase is caused mainly by rising inflation and energy rates, but Yale plans to use the extra fees to cover salary increases for faculty members and other employees.
Caesar Storlazzi, assistant director of financial aid at Yale, said tuition next year will cost $6210, room fees will increase to $1375, and board fees will go to $1525.
Although current term bills at Harvard and Yale are an identical $8140, Harvard may cost more than Yale next year. Martha C. Lyman, director of financial aid at Harvard, said yesterday she does not believe high school seniors will choose Yale over Harvard because of lower costs.
"Financial aid has more to do with whether people come here than total cost does," she said. "In past years we've been offering a better package for students than Yale has, since the self-help portion of our aid is less."
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