UF Pres: "market-rate" tuition hike would be for next year's freshmen
University of Florida President Bernie Machen said today that if Gov. Rick Scott signs a measure giving top universities freedom to hike tuition beyond a 15 percent cap, UF would increase to the national average for next year's freshmen class.
At UF tuition and fees currently totals $5,650. The national average is $8,244 a year for undergraduates.
If the bill becomes law, Machen said UF would create a “flat rate” system in which the tuition rate that students pay as freshmen would stay the same over four years, according to a Gainesville Sun blog.
The bill requires that universities meet 11 of 14 benchmarks before they can seek the higher rates. UF and Florida State are the only universities that meet that threshold. Both the House and the Senate approved the move last week -- while cutting state funding the the university system by $300 million.
What Scott will do with the bill remains to be seen. He's said repeatedly that he opposes tuition hikes.