More on the 14 percent tuition increase idea

I posted the other day about Terry Teale, with the Council of Presidents (of four-year universities) saying universities wanted the authority to raise tuition by 14 percent. Sen. Rodney Tom told her it didn’t pencil out, essentially.

Rich Roesler at the Spokesman-Review took some time to figure out the details. Here’s what he found:
“Bug here’s why a huge tuition increase would be hard for lawmakers: parents have poured hundreds of millions of dollars into the state’s Guaranteed Education Tuition plan, which lets you prepay now — plus a significant surcharge — for college credits your kid will use years from now.”

Read the whole post from the above link. Thanks, Rich!

Tags: tuition increase