UW System regents approve 5.5% in-state tuition hike: Madison would top $10,000.
Post by Christie Taylor on 6/8/2012 10:03am
At a meeting Thursday night, the University of Wisconsin System Board of Regents approved a 5.5 percent tuition hike for the coming year, the maximum allowed under a legislative cap.
The increase applies to all the system's two- and four-year colleges, an average of $400 per year systemwide.
At the Madison campus, the rate increase, about $680, pushes annual in-state tuition and fees over $10,000 for the first time ever, with total cost for a year estimated at $18,000 with fees and housing expenses factored in.
That's lower than many Big Ten schools, but still higher than Iowa, Indiana, and Ohio State.
University System president Kevin Reilly said Tuesday that the increase, the sixth consecutive 5.5 percent annual increase, was necessary to prevent cuts that would decrease the quality of education. The system faced a $250 million cut in Governor Scott Walker's 2011-2013 state budget, then was told in October it would have to return an additioanl $65 million over the biennium to cover budget deficits.
Out-of-state tuition will increase by the same dollar amount (rather than percentage) as in-state. At Madison, the total estimated cost for one year will be about $26,000.
Christie Taylor (@ctaylsaurus) covers science, environment, and, depending on the season, state politics for dane101. She verbs a lot of nouns, including rollerskates, radio, and Kurt Vonnegut. A Madison native, she's not sure she'll ever quite manage to leave Wisconsin, and that's just fine by her. Contact her at email@example.com.