"Tuition and fees at private U.S. colleges and universities for the 2009-2010 school year will rise an average 4.3 percent, the lowest percentage increase in at least 37 years, according to a survey," Bloomberg reports. "The average percentage increase is the same as in the 1972- 1973 school year, when the National Association of Independent Colleges and Universities began its annual survey. The Washington-based lobbying group collected data from 350 schools for a final report to be released today. Colleges, led by Harvard University in Cambridge, Massachusetts, Dartmouth College in Hanover, New Hampshire, and Stanford University near Palo Alto, California, are slashing spending and firing staff as endowments plunged as much as 30 percent in the last year."

You can read the complete June 29, 2009 Bloomberg article on-line.

Additional Media Coverage

Survey: Private college tuition to rise 4.3%, a 37-year low The Los Angeles Times

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