Thursday, February 16, 2012
Carnegie Mellon Sets Tiered Tuition For Incoming and Current Students in 2012-2013
Carnegie Mellon University: Carnegie Mellon University will increase tuition by 4 percent for its incoming 2012-2013 class. This year's increase, and those of the previous three years, is among the university's smallest since 1975. CMU also announced tuition increases for continuing students, who will see their tuition rise by 3 percent for the 2012-2013 academic year. CMU uses this tiered pricing model to help protect current students from larger increases. The university's board of trustees approved the new tuition rates on Feb. 15.
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3 comments:
I got this email the other day and just stared at it for a while. I mean, I knew it was coming because the past few years tuition has increased so i assumed that the trend would continue... but it still sucks. What is fortunate though is that i know CMU will use my money to continue to provide the most quality education I could receive. The thing about this university is how rich in resources it is - and in order to have those resources i know there is a cost. So as fortunate as we are to have this, and the increase being of the smallest in the past years - one still wonders how they could need more money
I have to agree with Rane on this one. Of course I don't know all the specifics of Carnegie Mellon's financial realm, but it is a wonder that more money could be necessary when each student is already paying approximately a quarter of a million dollars. Now, I don't have too much of a reason to gripe on this - the university has been fairly generous with aid to my family (and hopefully they will continue to be according to these increases) and I bet you would be hard pressed to find someone who needed aid but was getting none. It is disappointing that higher education has to cost so much - but it really is the price you pay for the best resources.
this article actually seems a little interesting to me as the school received 265 million dollar donation this year. The whole school made big deal about getting that much money but in reality the school gets 265 million from CFA's tuition alone (not counting what ever grants are given to those students). But really though, i understand that going to CMU we are all given these incredible opportunities with the latest technology and most update resrouces but really where is all the money going that they need to be asking for more. Yes we are a small college relatively speaking but we spend more on our tuition then a majority of other schools with greatly more students. I'm not necessarily arguing for or against paying the tuition because 4% relatively is not a huge increase in tuition for the opportunities that this school creates for all those that attend.
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