The board of trustees at George Washington University in Washington, D.C., has approved a tuition hike that will set mandatory fees for next year's freshmen at above $50,000. The board voted to raise tuition to $39,210 for incoming undergraduates, a 3.8 percent increase from last year. George Washington administrators are calling the tuition raise the lowest in decades, but according to the Associated Press, the school is the first major university in the United States to charge more than $50,000 for tuition and other expenses like housing and food.
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