Monday, April 18, 2011

Ga. college tuition likely to rise, again

Atlanta Business Chronicle:

Tuition likely will rise for students attending Georgia’s public universities. The State Board of Regents is set to meet Tuesday to go over numbers and discuss an increase, reports Atlanta Business Chronicle broadcast partner WXIA-TV.


With an increase of more than 19,000 students this year alone, regent's executive John Millsaps said, "It's highly likely that it will have to increase to meet the needs of the students to me the student growth we have experienced.”


Over the years as enrollments swelled and faculty was added, tuition has taken the hit -- paying about 25 percent of what it costs to educate a student. The state picked up the rest, reports WXIA’s Bill Liss.

Now the pendulum has shifted even further, with tuition picking up a whopping 45 percent of the cost and the state only 55 percent, with the student footing the bill, according to WXIA.

In 1994, tuition jumped by $923 for a semester.


That number rose to more than $1,200 in 2001 and this year it's up as much as 16 percent -- which translates to a whopping $3,500, Liss reported.

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