Did you know that just like today, a lot of time and thought went into setting fees for students attending the Mount Holyoke Seminary?
Students were expected to pay only the actual operating costs. Since the precise amounts could be ascertained only through experience, the rate specified ($64 a year — $52 for board and $12 for tuition) was to be considered tentative, and would be adjusted to reflect the actual cost after the first quarter. Mary Lyon was actually incredibly close with her calculations – in 1838-39 the fees were lowered to $60 and stayed there for 15 years (Green, 1979, p. 120).
FebruMary facts come from the book Mary Lyon and Mount Holyoke, Opening the Gates, by Elizabeth Alden Green.
Green, E. A. (1979). Mary Lyon and Mount Holyoke: Opening the gates. Hanover, N.H: University Press of New England.