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Here Come the Cuts and the Increases
The Trustees have issued a press release and President Kim has sent a letter to the entire Dartmouth community about the budget cuts.
Additionally, the Trustees announced a 4.6% increase in tuition, room, board and fees for 2010-2011.
On this latter point, I wish that the Trustees wouldn’t be so transparently cheesy in their marketing. The College’s press release trumpets the fact that this increase in tuition is the “Smallest Percentage Increase in Five Years.” That statement is true, but only as far as it goes. There was no inflation at all in 2009; in fact, there was deflation: the Consumer Price Index dropped by 0.36%. A more appropriate headline would be: “College Raises Tuition Far Beyond Inflation Rate.”
Here are the tuition increase stats for the preceding five years:
2009/2010: 4.8% (Inflation in 2008 was: 3.84%)
2008/2009: 4.9% (Inflation in 2007 was: 2.85%)
2007/2008: 5.0% (Inflation in 2006 was: 3.32%)
2006/2007: 4.8% (Inflation in 2005 was: 3.39%)
2005/2006: 4.9% (Inflation in 2004 was: 2.66%)
Seems like the College has decided that 5.0% constitutes a marketing barrier. Don’t think that any of these increases had anything to go with an actual calculation of costs.
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