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Not long after its founding, the school's trustees petitioned the Massachusetts legislature to convert the free school to a tuition-based college. The legislature agreed and on June 22, 1793, Williams College was chartered. It was the second college to be founded in Massachusetts.
In 2022, Williams College became the first institution of higher education in the United States to eliminate both loans and work-study contributions from their financial aid programs. Many of these programs are aimed at students whose parents earn less than a certain income — the figures vary by college or university.
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Among parents with a child attending college, fewer than half (44%) felt prepared to make the first tuition payment for their child, according to a 2024 survey from College Ave. Published tuition ...
What we found is that while the national average for tuition, other school fees, and child care increased by 2.5% between May 2021 and May 2022, college tuition and fees only increased by 2.1% ...
Boston University is the state's largest institution of higher learning in terms of enrollment, having 32,603 students in the fall of 2013 while Conway School of Landscape Design is the state's smallest college with an enrollment of 18.
Cost of living increased roughly 3.25-fold during this time; medical costs inflated roughly 6-fold; but college tuition and fees inflation approached 10-fold. Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation.
I've traveled to over 80 countries, so when I saw the list of the top countries for tourism in 2024, I had thoughts. Here's my ranking of the top 50.