Saturday, April 24, 2010

Ky. colleges likely to see up to 6% tuition increases

"Without a budget, we would need to close our campuses.
The likelihood of this impact is real and substantial."

-- Robert King

This from the Herald-Leader:
The Kentucky Council on Postsecondary Education on Friday approved guidelines for tuition hikes for 2010-11 of 6 percent for the University of Kentucky and University of Louisville, 5 percent for comprehensive universities and 4 percent for community and technical colleges. Last year's increase was staggered at 3 percent to 5 percent.

Some of the state's public university presidents and council members questioned why the in-state undergraduate tuition increases shouldn't be more than 6 percent. Even if each school adopts the maximum tuition increase allowed, all will be substantially in the red, according to the presidents.

And if the state doesn't adopt a budget soon, said council president Robert L. King, the universities will have to shut down temporarily. The common perception is that universities can run on tuition revenue in a budget pinch, but using tuition requires a budget appropriation, which requires that the state have a budget, King said.

After a 60-day legislative session that ended last week, Kentucky doesn't have a budget...
UK President Lee T. Todd Jr. told the council that he called Beshear on Thursday to tell Beshear he was going to ask for a 7 percent ceiling.

Even with a 6 percent increase, CPE figures show UK will have a deficit of nearly $7.6 million for operations. Eastern Kentucky University would have a deficit of $3.8 million with a 5 percent increase; Kentucky State University, $6.2 million after a 5 percent increase; and Morehead State University, $3.8 million after a 5 percent increase...


Anonymous said...

As a student of Eastern Kentucky University I am not a fan of the proposed tuition hikes. Before they raise any tuition, the school’s budget should be looked at and made public. If the budget is gone through I am sure that there can be things found that could be trimmed out or put on hold that the school doesn’t need right now. Students are already on a tight budget and having to make sacrifices to make it thought school because of already high tuition rates. If tuition is even at a higher rate then there will be few students attending school. With fewer students attending because of college tuition prices then they will want to raise rates again. If a college is worried about retention rates, then by raising the tuition is not going to help retention rates. I just hope school officials try to trim the budget before they try to empty out any more of students pockets.

william Cheser

Zachary said...

As a college student I try to save as much money as I can on anything I may buy, including my education. That is the biggest reason I came to EKU to start with, it is cheaper than the schools I was looking at in Ohio. Now I understand that Universities are not immune to the down economy and I do expect tuition to go up from year to year. However I have a hard time agreeing to pay more when EKU spends money on redoing landscaping that did not need to be redone. This semester I have seen them put in a small “trail” in front of Case Hall that serves almost no purpose and replace a wall by the heating plant on campus that was hidden behind a row of trees, so in no way was it an eye sore and it was not falling down. When money is being spent properly I do not mind paying more, but when it is being misused I’ll start to take a second look at where I want to spend my money.

Rachel Frazier said...

This forum brings up a lot of controversy. As a student of EKU, im not really quite sure of where I would positively stand. In one aspect I am agianst the tuition rate increase and in another I am for it. If the tuition rate increase is used on bettering our campus then I'm all for it. EKU is a very old campus and in my opinion needs updating, a lot! Our campus is getting better but there is still a lot of work needing to be done and if there are no funds for it then raise tuition. But then on the other hand, i disagree with raising tution rates. I think for those students that pay for school themselves, it will become a lot harder for. And i agree with Cheser's post by saying that more students are going to start dropping out. Which is why i think that the universities that plan on raising tuition rates should find other financial ways of helping these students get through college. If they plan on raising they should plan on helping. Its only fair to keep student return rates high.

-Rachel Frazier