Regents to consider tuition hike - KWWL - Eastern Iowa Breaking News, Weather, Closings

Regents to consider tuition hike

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IOWA CITY (KWWL)- It's the last thing students want to hear, but tuition costs could be going up at Iowa's three regent universities.

For in-state freshman Katie Curran, it's never easy to hear that her education is going to cost a little bit more.

"I don't think anyone could ever be happy with an increase in price. We're getting the same education but for more expense," she said.

Curran can expect an increase of more than $300 her sophomore year if the regents adopt a five percent tuition hike.

She says it will be an even larger burden on her family, which is sending her brother to the University of Iowa next year.

"Every little bit you'd like to save for yourself rather than put towards things like school," she said.

The problem of rising tuition costs are magnified by the fact that families are putting less money away for school in light of the recent recession, that according to financial adviser Dave Becker.

"The number of those that are either behind or are not doing any planning at all has gone up the last few years," Becker said.

Iowa's public universities faced a shortfall of $143 million in state aid the past two years, and given the proposed budget for next year, officials say everyone, including students will have to shoulder some of the load to make up for less state dollars.

"If we were to increase tuition sufficient to offset the loss of state appropriations and increased costs, we'd be looking at something to the effect of 12 percent increase.  We're doing our very very best to minimize the impact to students," said Regent President David Miles.

It's a balancing act to provide a valuable education to students like Curran, without sacrificing quality.

The Board of Regents will decide if it will adopt the proposed tuition increase at a March meeting.

 

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