Steudent costs to rise by 7.2 percent
By John Hasemeyer
Last Friday the MIT Corporation approved the proposed tuition, room and board increase of $1295 for the academic year 1989-90, making the total cost of attending MIT $19,335 next year. The 7.2 percent hike is the largest in the last five years. Tuition, the biggest component, will rise from $13,400 to $14,500.
James J. Culliton, vice-president of financial operations, said additional money was needed to offset a budget deficit that in the next few years could be as large as $10 million. He added that the Institute was "shaving back" salary increases and keeping the budgets of some programs at their present level. "If we can adhere to to these parameters, the budget problem should be eliminated in a couple of years," Culliton said. The projected deficit for 1989-90 is $6 million.
MIT's self-help level, the amount of money each student is expected to provide through loans or term-time work, will also increase. The $400 raise will be the first in four years, and will bring the self-help level to $5300.
MIT's self-help level has traditionally been higher than that at comparable schools like Harvard or Yale. But MIT does not adjust its aid packages to attract "brighter" students, explained Leonard V. Gallagher '54, director of student financial aid. He maintained that MIT would continue to meet the full demonstrated need of each applicant, in that while the self-help level would be greater, "increased need [would] be met by increased grant money [from MIT]".
Michael C. Behnke, director of admissions, said that while the number of applicants to MIT is lower than in previous years, it is no lower than those to other private universities. He attributed the reduction to the lower cost of public education and the general reduction in applicants to engineering schools.
MIT's tuition increase is in line with a national trend in the growing cost of college education. The Chronicle of Higher Education reports that most colleges have already announced tuition raises between 7 and 10 percent, and that for the last eight years, the average raise in US college tuitions has been greater than the rate of inflation as measured by the Consumer Price Index.
While The Chronicle states that national statistics will not be complete until August of this year, the following are the tuition, room and board costs for several eastern colleges: Harvard University, $19,395; Brown University, $19,380; Dartmouth College, $19,335; Princeton University, $19,207; MIT, $19,335.