Rise in sticker price at public colleges outpaces that at private colleges for 5th year in a row.

The Chronicle of Higher Education recently published the following article on rising costs at public universities:

Rise in Sticker Price at Public Colleges Outpaces That at Private Colleges for 5th Year in a Row, by Beckie Supiano, October 26, 2011

The average price for tuition and fees at public four-year colleges was $8,244 for in-state students in 2011-12, up from $7,613 in 2010-11, an 8.3-percent increase. That percentage change drops to 7.0 percent if California—which had a 21-percent increase in tuition in that one-year period—is excluded.

Here in Wisconsin, in-state tuition and fees for the University of Wisconsin-Madison for the fall 2011 semester totaled $4,832.50, compared with $4,491.60 for the fall 2010 semester; in-state tuition and fees for UW-Milwaukee for the fall 2011 semester totaled $4,337.70, compared with $4,075.63 for the fall 2010 semester.   In percentage terms, the increases are 7.6% and 6.4%, respectively.

The basic message in this is that UW-Madison’s in-state tuition is still well below the national average, but the percentage increase is comparable to that experienced elsewhere.  In short, like elsewhere, the investment by the state of Wisconsin in making higher education affordable for all of its citizens is being dialed back.

We already knew this, of course.  But the latest massive hits to the UW-System budget, not reflected in the above figures,  are virtually certain to sharply accelerate the cost increases.    In fact,  if current trends continue, we can expect to see the distinction between private and public institutions become almost meaningless.

Is this really what the citizens of Wisconsin want?

 

This entry was posted in College costs, State-University Relations, The University Budget, The University System, The UW-Madison Campus. Bookmark the permalink.

One Response to Rise in sticker price at public colleges outpaces that at private colleges for 5th year in a row.

  1. Frank Rojas says:

    Yup, Now just deal with it and quit dreamiong anything else will happen and “save the day”. make a plan that reflects a best case scenario of no increases in state funding going forward after the latest budget cuts are in effect establishing a new lower base of around $400 Million. That’s about $100 million more than Michigan now gets and they seem to be doing just fine.

    Even if they have to increase instate tuition to the UM/PSU levels of around $12,000/yr that is a FAR cry from the $40k charged by most good privates. That $3000 increase applied to ALL UW students means about $120 million in new money of which 20-25% can go to improve fin aid. That leaves a net of around $90 million which puts the total tuition income plus state funding right about where it was at the peak two years ago. Or you bring in another 1000 out of staters per year eventually upping the total by 4,000. Same $120 Million bump less fin aid portion. And, no that won’t be hard to do Sara.

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