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Thatâs good news because a stint at Harvard doesnât always come cheap. For the 2015-2016 academic year, the standard tuition was $45,278. Room and board and other fees bring the total price tag to a hefty $60,659. Thatâs pricey even by private school standards.
It's not just the tuition costs at elite universities like Harvard that are outpacing the government's Consumer Price Index. The average cost of tuition and fees a t a private, non-profit, four-year university this school year was $31,231 âup sharply from $1,832 in 1971-1972 (in current dollars) .At public, four-year schools, tuition and fees cost about $9,139 this year.his fall, Harvard's annual tuition and fees (not including room and board) will set you back $45,278, more than 17 times the 1971-72 cost. If annual increases had simply tracked the inflation rate since 1971, next year's tuition would be to just $15,189.