For the privilege of attending Johns Hopkins in the 2013-2014 school year, incoming freshmen (or, let’s be real, their parents) will pay $45,470, an increase of 3.5 percent over the previous year. Room and board will rise to $13,832, 3.3 percent more than last year, making the grand total a whopping $59,302 (and solidifying my desire to never have children). The university is consistently one of the ten most expensive schools in the country.
It’s fun to watch the university’s press department try to spin the news as positively as possible: “Those two schools have now kept undergraduate tuition hikes below 4 percent for five straight years,” the Hopkins Hub notes, and “those five years represent the university’s five smallest tuition increase percentages since the 1974-1975 academic year.” Great! Except that tuition in the 1970s was around $3,000 per year, which would translate to less than $16,000 in 2013 dollars.
In keeping with the tuition hike, the school’s financial aid will also increase; the 43 percent of entering students who will receive financial aid will get a little less than $38,000.
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