BOG budget committee approves tuition hikes
All of the 7-percent differential tuition hikes requested by Florida's 11 public universities were okayed by the state Board of Governors' budget and finance committee on Thursday. Those increases still need final approval by the whole board during its full meeting later in the day, but there's no reason to believe that won't happen. The differential increases will be added to an 8-percent base tuition hike approved by the Legislature earlier this year. Per state law, tuition can't go up more than 15 percent per year. Here's a breakdown of each university's differential amounts:
As public funding of Florida's universities continues to decline by millions of dollars each year, the State University System has turned to tuition hikes to help make up the difference. That strategy mandates a tricky balance between asking students for more money while trying to maintain or improve universities' quality. Florida remains one of the worst states in the country in terms of student-faculty ratio in the classroom. However, it's worth noting that Florida is still 48th out of 50 states in tuition cost.