Trustees pass 5.2 percent tuition hike
Will send Chancellor's recommendation to Bowles
UNC's Board of Trustees voted unanimously this morning in favor of a 5.2 percent tuition increase for all undergraduate students, bringing to a close campus discussions of the proposed hike. The proposal will now go to UNC-system President Erskine Bowles for approval.
The board sided with Chancellor Holden Thorp’s recommendation, although many members voiced concerns about the impact of the University’s comparatively low tuition rates on the quality of education the school can provide in the future.
“I am really, really concerned about what we’re doing with tuition,” said John Ellison, who has served as a trustee since 2003. “There is a huge disparity between our tuition and that of our peers. It’s getting wider and wider.”
Ellison warned members that they would have to seriously reconsider the University’s low tuition rates in the future.
“I understand it’s a difficult year, but I am telling you all that this University is not going to maintain its academic standing in the world if we continue down the path we keep going down,” he said.
If approved by Bowles, the Board of Governors and the N.C. state legislature, the proposal would increase resident tuition by $200, as mandated by the state legislature. For non-residents, undergraduate tuition would increase by $1,127, and graduate tuition would go up $732.
Several students attended the meeting to protest the hikes. Out-of-State Student Association President Ryan Morgan urged members to approve the 5.2 percent increase and reject earlier proposals that would have charged out-of-state students at a greater rate than in-state students.
“I urge you to be considerate of the needs of non-resident students,” he said.
Senior Rakhee Devasthali, who tried to speak at Wednesday’s audit and finance committee meeting, also addressed the trustees, chastising them for a tuition process that she said lacked transparency and student input.
“You better come up with some better numbers,” she said. “This is not fair or democratic. You’re running these things like it’s a corporation, not like a University.”
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Look at what's happening at
Look at what's happening at the University of California schools. Raise our tuition again and we'll raise hell, too.
The Board of Trustees should
The Board of Trustees should look at removing the cap on out- of-state students instead of increasing tuition rates for future funding. If they are going to compare UNC's tuition to peer universities they must also look at the out-of-state % at those same universities. UNC = 18%; Michigan = 28%; Virginia = 33%.Using the online tuition calculator with the 5.2 % increase, each out-of-state student pays $18,815 more than in-state students on an annual basis.Allowing the out-of-state % to go from 18% to 28% would net the university $31,985,500 ; if allowed to go to 33% the university would net $47,978,250. This is without tuition increases for either in-state or out-of-state students.
I'm sure that asking NC
I'm sure that asking NC taxpayers to subsidize the education of even more OOS students will go over well in the General Assembly.
Look, the only way that UNC would let in more OOS students is if it also allows OOS tuition to float to a market rate which is probably on the order of $30k or more and even then it probably isn't going to happen.
Market rate? What on earth
Market rate? What on earth does university tuition have to do with a market? It's an inelastic good with tremendous barriers to entry and exit and extremely high information costs, as well as weird subsidies that throw off pricing. This is not anything resembling a market situation.
University tuitions have exploded at a rate that outpaces inflation by 1000% or more in the last 15 years, and it only continues this way to the detriment of lower and middle class populations who now can't afford university funding. Also, thank Ronald Reagan for making scholarships taxable.
Not only is UNC's out OOS
Not only is UNC's out OOS tuition below market but it is below cost.
Also, I don't know where you're getting your tax info but scholarships for tuition and required fees are not taxable.