For the first time since 2012, the price of in-state tuition at all UW system schools is going up.
The UW System Board of Regents voted last week to raise tuition prices by an average of 4.9% (or $404) across all 13 universities and 26 campuses in Wisconsin. Room and board rates will increase too, by an average of 3.5%, resulting in an overall 4.2% (or $706) increase for all in-state students.
Tuition rates for graduate and out-of-state undergrads will also go up.
“It’s important that a UW education continues to be affordable, but as resident tuition rates have held for flat for the past 10 years, inflation has increased a cumulative 26%, and it’s time to use this operation lever,” said Scott Beightol, the chair of the UW Business and Finance Committee.
The Board of Regents argued that raising tuition and fees will benefit students, staff, and programs in the long run–but many current students disagree.
“I depend on FAFSA to pay my tuition, and I already get the maximum amount,” explained Jaqueline Ruiz, a UW-Milwaukee junior. “Between loans and grants, I still have to pay for my books out-of-pocket, and costs up to $400. I’m a full-time student and a single mom. This is going to be hard to afford.”
A report from the National Student Clearinghouse Research Center found that fewer younger adults are enrolling in college today than they were just four years ago, and six in 10 Americans say that the financial burden of earning a degree has made college inaccessible.
“I’m a first-generation college student, and I don’t receive any financial support from my friends or family,” said Dereck Gomez, a freshman at UW- Milwaukee. “I chose to go into my first semester unemployed, so that I could focus on my education, but that will probably change moving forward because of the tuition increase. I hope it doesn’t become a barrier for me.”
Students in UW’s commitment programs, like Bucky’s Tuition Promise, which provides free tuition for all Wisconsin residents whose household is at or below the state median ($65,000), will have their financial aid offers adjusted to accommodate these tuition hikes.
The University of Wisconsin’s current (2022-23) tuition rates places the school 10th in the Big Ten for in-state costs and fourth for out-of-state costs.
Trump vows again to try to ‘terminate’ Affordable Care Act, while Wisconsin Dems push to make it better
Strengthening BadgerCare and providing a public option would lower costs and provide more stable health insurance coverage for families. Even as...
School boards and local governments are always on the lookout for new candidates who want to step up and serve their hometowns. Opportunity is about...
Setting a budget and making a shopping list (and sticking to both!) are the top two ways to save money during the holiday season, according to...
Wisconsin grocery stores are as busy as they get this time of year, but avoiding the crowds is easy… if you know when to go! TIP: Google Maps has a...