Mt. Holyoke College, an American women’s college that might properly be described as “like Smith, but a little less intense” has announced a major change in financial policy.

According to a piece by Tanya Caldwell in the New York Times:

Mount Holyoke College has announced that it will not increase tuition or room and board for the 2012-2013 academic year.

“If we hope to retain our nation’s historic commitment to educating for democracy, colleges and universities cannot continue to threaten access and add to already burgeoning loan burdens for students,” Lynn Pasquerella, the college president, said in a statement.

Pasquerella is right, though according to the article her college has been happily hiking prices every year since 1968.

Note that the full cost of a year at Mt. Holyoke is now $53,596, so um, it’s not like the freeze actually makes the college affordable, but whatever. Good gesture.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer