A first for Mass. colleges: Breaking the $90,000 barrier

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Two Boston-area schools are the first local higher education institutions to break $90,000 in annual student costs.

Wellesley and BU will both cost more than $90,000, including tuition, fees, room and board, and a meal plan, and at least 10 colleges have costs exceeding $80,000

Others aren’t far behind, with a growing list of schools breaking $80,000 or nearing $90,000. At least 10 colleges will have costs exceeding $80,000, though some have yet to post their 2024-'25 costs, including Harvard and Northeastern University. Still, these costs take a chunk out of the median Massachusetts household income, which was about $93,000 last year.

Wellesly College says about 60% of their students receive financial aid, while Boston University says they will award about $425 million in financial aid within the next year. Shields-Rutyna says there are also other ways for parents to plan.

 

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