In keeping with our financial aid theme for today, here is the latest news on tuition.
Date: Tue, 04 Apr 2006 08:16:01 -0400 (EDT)
Subject: Tuition Announcement
To: firstname.lastname@example.org, email@example.com,
To the Classes of 2007, 2008, and 2009:
After careful deliberation, the Board of Trustees has set the comprehensive fee for 2006-07.
It breaks down as follows:
Activities and Residential House Fees $222
This 5.8% increase leaves our total fee among the lowest of the country’s most selective colleges and universities. When combined with endowment income and gifts to the College, it will enable us to continue to strengthen the very high quality of education we offer our students.
Williams remains committed to meeting the full demonstrated need of all new and returning students, including those whose family circumstances may have changed in the past year. If you believe you may qualify for financial aid for the first time, please contact the financial aid office as soon as possible.
A version of this letter has gone to your parents. In it I told them that we, at the College, are always mindful of the sacrifices they make to provide you with a Williams education. I hope that you are, too, and that you are thankful to them for it.
1) No big surprise here. I expect Williams to continue to raise it’s sticker price at this rate or higher as far as the eye can see.
2) At this rate of growth, the sticker price will be $77,000 when my elder daughter starts at Williams and $100,000 when my younger daughter graduates in 2021. Per year. Members of the class of 1988 will recall our slogan: “Sixty Thou to Live with Cows.” As if! Our slogan referred to all four years, of course.
3) I don’t see this memo in the archives. Perhaps it will show up soon. Perhaps, since it only went out to three classes, it will not appear there. Someone, somewhere needs to make these e-mails publicly available, both for interested Ephs today and future historians tomorrow.