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Tuition Surges Past $7,000 Amid Federal Aid Cuts

4/15/2026

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Story summary
  • Tuition for 1981-82 undergraduates rose above $7,000 for the first time.
  • Total costs, including room and board, exceed $10,000 at Harvard University and the Massachusetts Institute of Technology (MIT).
  • Boston's Northeastern University announced a 20% rise.
  • The Reagan Administration plans to limit federal financial aid.
  • Amherst College expects a 13- to 15-percent increase in fees, with 70% of students relying on federal loans.