Georgetown votes to increase tuition by $ 27 to pay for repairs



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The move would raise approximately $ 380,800 annually from the 7,000 undergraduate university students as of the fall semester of 2020. For the 2019-2020 academic year, the costs of Georgetown's undergraduate tuition amounts to $ 27,720 per semester, or about $ 55,440 a year, making it one of the most expensive schools in the country.

Georgetown is one of the richest student bodies in the country. According to the New York Times' analysis, the median family income of a Georgetown student is $ 229,100 and 74% of them come from the top 20% of American households..

At its founding, Georgetown was funded on profits from Jesuit-owned plantations in Maryland. According to the New York Times, when the school needed funds in 1838, the Jesuit priests who founded and ran the college decided to sell the slaves in these plantations.

The sale of these people has resulted in the separation of many families and forced hundreds of people into horrific conditions. He collected the 2019 equivalent of about $ 3.3 million for the school in 2019. Today, the school 's endowment is valued at $ 1.66 billion. of dollars.

"The school would not be there without them," said New York Times Shepard Thomas, a junior student from Georgetown, a member of the student organization that advocates the referendum. "Students here are always talking about changing the world after school, why not change the world when you're here?"

In 2016, Georgetown decided to give an admission preference to the descendants of slaves sold by the school.

"It makes me happy that we, the students, have decided to set a precedent for the improvement of people's lives," says Thomas, himself a descendant of slaves sold by the university.

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