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News
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Soaring Tuition Fees Pushing Parents and Students to the Edge |
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Tuesday, 23 February 2010 |
As high school seniors anxiously await letters of acceptance from colleges, they also have to face ever-increasing tuition costs. Given the condition of State budgets, the traditionally affordable state schools have been forced to raise tuition.
This year, the average cost for tuition, not including room and board, is $7,020. For most students, this is means paying between $172 and $1,096 more this year than last.
At the University of Illinois, many students are finding it difficult to come up with the $20,000 needed for tuition, room and board. With a deficit of $11 billion and the State’s failure to remit $430 million owed to the university, there is no choice but to increase tuition.
In Florida, where students currently pay only about $3,000 for tuition, plans are in place to increase tuition by fifteen percent per year until they reach the national average. In California, students have faced thirty-two percent increases this year, and Governor Schwarzenegger is proposing an additional increase of ten percent for this year.
At the University of Washington, students face a likely increase of fourteen percent as well as reduced access to financial aid. Students who already live at home, work part-time and take loans worry about the ability of their younger siblings to afford to go to college in the future.
In Madison, tuition hikes were met with increases in available financial aid. The increased tuition is being earmarked for increasing the number of classes and the amount of financial aid, as well as better student services. Accordingly, the increased costs are less controversial in Wisconsin.
A few states have passed zero or modest increases in tuition. Students in Georgia can take advantage of the popular “Fixed for Four” program whereby a student’s tuition remains constant for all four years of college. For current freshmen, that means paying $3,865 per year.
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