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Issue date: 3/5/09
News & Features

Carey tuition to increase 42 percent

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The Hopkins Carey Business School recently announced that its undergraduate tuition will rise 42.6 percent, from $491 to $700 per credit hour.

On average, tuition per credit hour at all Hopkins graduate school campuses was raised to $890 dollars. This constitutes an increase of 11.3 percent and 21.1 percent for the D.C. and Montgomery County campuses, respectively, and 30.9 percent for the Columbia, Homewood and Downtown Baltimore campuses.

Currently, the Carey Business School only offers one full-time degree program - a Master of Science in Real Estate - which saw a 13.9 percent increase from $39,500 per year to $45,000.

According to Yash Gupta, dean of the Carey Business School, there are currently 136 undergraduate students enrolled, all part-time. Most of these students have junior or senior standing, having completed coursework elsewhere. These students also typically hold jobs while taking classes at Carey.

In an e-mail to current students, Gupta outlined the reasons for the tuition increase.

"Our increased tuition will help us build on important initiatives, begun this year, to revitalize and expand our academic programs, our student services and the entire student experience - including new lecture series and networking events," Gupta wrote.

Several plans for the school include hiring new faculty, expanding career services, acquiring and implementing new technology, as well as building new classroom facilities and student gathering areas. ?In his letter, Gupta also compared the new tuition at Carey to the tuition at George Washington University and the University of Maryland Business schools. Undergraduate tuition per credit hour at Maryland, George Washington and Georgetown business schools is $902 for out of state students, $1,150 and $1,564 respectively, not including fees or other charges.

Current Carey student Danielle Iman said that this increase in tuition may affect her chances of graduating on schedule.
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