News out of Dartmouth College as its board of trustees voted this week to approve a 3.8 percent increase in the tuition of undergraduate students, making it a little more costly for those hoping to earn that Ivy League degree.
College officials announced the vote in a press release, saying the annual bill – including tuition, room, and board – is now up to slightly more than $66,000 dollars for the 2016-17 school year. The new rate will apply to Dartmouth undergraduate students and students at the Thayer School of Engineering.
According to the news website Dartblog, the college has tried to keep tuition increases below the rate of inflation to minimize impact.
Dartmouth spokeswoman Diana Lawrence told the Valley News Wednesday that the college “remains committed to slowing the growth of the cost of a Dartmouth education.” For families whose annual income does not exceed $100,000 dollars, however, Dartmouth says accepted students will receive free tuition with no loans.