Babson's tuition & fees has increased from $45,120 (2014) to $56,032 (2024), and the rate of tuition increase is 24.18% over the past 10 years. The graduate school tuition & fees has raised from $60,994 (year 2014) to $54,600 (year 2024).
Babson's tuition increase rate is higher than the Massachusetts's average increase rate of 14.70%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 28.43% from 2014 ($62,440).
For the current academic year 2023-2024, Babson's COA is $80,192, which is increased by 3.81% from last year.
The following table and chart show changes to Babson's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 24.18% for the last 10 years , and the 2024 tuition & fees are $56,032. The following table and chart show the tuition & fees changes at Babson College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,292, and it has increased 26.67% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,020 | - |
|---|
| 2015-16 | $1,050 | 2.94% |
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| 2016-17 | $1,050 | |
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| 2017-18 | $1,080 | 2.86% |
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| 2018-19 | $1,112 | 2.96% |
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| 2019-20 | $1,144 | 2.88% |
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| 2020-21 | $1,184 | 3.50% |
|---|
| 2021-22 | $1,218 | 2.87% |
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| 2022-23 | $1,254 | 2.96% |
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| 2023-24 | $1,292 | 3.03% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 37.96% when a student lives on-campus facilities and 37.96% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Babson College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $16,300 | $16,300 | - |
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| 2015-16 | $16,778 | $16,778 | 2.93% |
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| 2016-17 | $17,226 | $17,226 | 2.67% |
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| 2017-18 | $17,688 | $17,688 | 2.68% |
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| 2018-19 | $18,162 | $18,162 | 2.68% |
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| 2019-20 | $18,626 | $18,626 | 2.55% |
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| 2020-21 | $19,574 | $19,574 | 5.09% |
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| 2021-22 | $20,198 | $20,198 | 3.19% |
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| 2022-23 | $21,050 | $21,050 | 4.22% |
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| 2023-24 | $22,868 | $22,868 | 8.64% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Babson College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Babson College | $56,032 | $54,944 | 1.98% |
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|
| Boston University | $65,168 | $62,360 | 4.50% |
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|
| Harvard University | $59,076 | $57,261 | 3.17% |
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| Northeastern University | $63,141 | $60,192 | 4.90% |
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| Boston College | $67,680 | $64,176 | 5.46% |
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| Tufts University | $67,844 | $65,222 | 4.02% |
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