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Paying for Harvard Looks Cheaper With Decades-High Inflation

  • Ivy League tuition to decline about 5% in real terms
  • College sticker prices have historically outpaced inflation
Harvard University campus in Cambridge, Mass.

Harvard University campus in Cambridge, Mass.

Photographer: Adam Glanzman/Bloomberg
Updated on

Parents paying the full cost of Ivy League tuition this summer can take comfort in the fact that their bills will, for a change, not be ahead of inflation.

The cost to attend an elite school in the upcoming academic year is poised to fall by an average of about 5%, when adjusted for the rate of inflation, according to a Bloomberg analysis of tuition data. That’s the biggest drop in at least a dozen years.