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Thursday, May 26, 2011
WSU officials recommend 3.5 percent tuition hike
FAIRBORN - Top Wright State University leaders recommended a $273 tuition increase Thursday making the school the first public university in the region to move to raise tuition to help offset budget cuts.
Raising tuition to the proposed 3.5 percent cap will help WSU offset a $14 million a year loss of state funding - the largest reduction in the schools history. The proposed state budget cuts higher education spending 10.5 percent next year.
“We are going to have to make some tough and difficult decisions,” David Hopkins, university president, told a gathering of hundreds of university employees at the school’s annual budget meeting.
The tuition hike will raise about $4 million next year and the university can save about $6 million by eliminating 75 vacant positions, said Hopkins and Matt Filipic, chief financial officer. The remainder will be made up through more budget trimming.
Filipic’s budget presentation painted a grim picture for Ohio’s support of higher education. Filipic showed how per student state support has historically shrunk putting Ohio in the bottom third in the nation for college and university funding.
Schools across the state are expected to follow WSU example and increase costs to students to offset the reductions in state support. “Most schools are considering a 3.5 percent increase,” said Bruce Johnson, president of the Inter-University Council of Ohio, a university advocate group.
The university’s board of trustees will vote on the proposed budget and tuition increase at their regular meeting June 10.
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