New England's Elite Colleges to Charge Over $90K in Tuition and Fees

The significant increase in tuition costs reflects the ongoing trend of rising higher education expenses, with financial aid playing a crucial role in affordability.

Several elite New England colleges and universities, including Tufts University, Wellesley College, Boston University, and Yale University, will charge tuition, room, and board exceeding $90,000 for the 2024-25 academic year.
The steep rise in tuition fees reflects the broader trend of surging higher education costs, which have increased by 169% since 1980, while the average salary among young adults has only risen by 20%.
Financial aid and scholarships will mitigate the full impact of these costs for many students, with institutions like Boston University dedicating $425 million to financial aid for the upcoming year.
The cost of attending these institutions is more than double the national average for a private university, with the average yearly tuition for a private university at $38,768 annually.
Despite the significant price tags, colleges emphasize their commitment to meeting the full demonstrated financial need of all admitted undergraduate students, aiming to make education affordable for a diverse student body.