UF trustees give tuition-hike the thumbs up
Like the University of South Florida and other public universities across the state, the University of Florida okayed a 7-percent tuition hike for next year's undergraduates at its Board of Trustees meeting Friday.
That increase is in addition to the 8-percent increase already approved by the Florida Legislature. And it will still have to be approved by the Florida Board of Governors, which oversees the state university system, at its meeting later this month. Total tuition increases are capped at 15 percent per year.
Florida currently ranks 48th out of 50 states in tuition costs. Amid tremendous budget shortfalls, universities have clamored for the hikes for the past several years. The whole situation puts strains on efforts to maintain educational quality and keep good faculty.
To help combat that, UF also on Friday approved a 3-percent raise to its employees, intended to offset a new state pension plan that now requires public employees to contribute 3 percent of their salaries to their retirement.
But to pay for those raises, employees will have to sacrifice the vacation days they're now given during winter break and before Homecoming. And UF will soon cut back on departing employees' pay-outs for accumulated sick leave and vacation days.
Read UF President Bernie Machen's address on the recommendations.