Stanford University will raise undergraduate tuition by 7 percent for the upcoming academic year, citing inflation, which has squeezed institutions and consumers alike across the U.S. The move marks a significant jump from the 4 percent tuition increase Stanford’s Board of Trustees approved last year. Experts say Stanford is an outlier in the size of its tuition increase, though they expect numerous other institutions to raise sticker prices in the coming months. Attending Stanford now costs upward of $82,000 a year, including room, board and the listed tuition price.
