Hoover Tower at Stanford University in Stanford, Calif., on Wednesday, Oct. 23, 2019. (Randy Vazquez/Bay Area News Group)
First, it was gas and groceries. Now, it’s college tuition.
Stanford University is blaming inflation for its largest tuition increase in at least a decade, a 7% hike that will push undergraduate tuition to nearly $62,000 and the total cost of attendance including room and board to above $82,000 in the next academic year.
While colleges around the country are raising tuition higher than usual as they grapple with inflation that soared last year to heights not seen in decades, Stanford’s increase for 2023-2024 is the