The Board of Trustees voted to set tuition, room and board at $10,500 for the 1982-1983 academic year—a $1,300 and 14 percent increase. In a letter to the college community, President Virginia Smith said that the increase was largely due to inflation and reductions in federal student aid.  "We have been borrowing," she said, "from [the] future....We can't do that to an extreme."  Despite the increase, she noted, Vassar was "in the middle of the pack" among comparable colleges.     The Miscellany News