After Pennsylvania state-owned universities raised tuition 7.5 percent, Temple University raised their tuition 10 percent, and the University of Pittsburgh increased tuition 8.5 percent, just about every Pennsylvania resident with college plans this fall has turned their eyes to the largest university system in the state. Penn State University is due to announce tuition for the fall with the next week or so, and there can be little doubt that some sort of increase is in store for current and potential students. Still the tuition increases are catching the attention of families and students and raising a few questions:
Are the tuition hikes only for out-of-state students?
No, the tuition hikes are for all students. In some cases, especially the larger universities, the percentage increase for out-of-state students is smaller, but due to the higher beginning price the increase is a bit higher. In addition, several larger universities have different tuition hikes for specialized students, such as medical students.
Why are tuitions increasing across the board?
The big reason tuition is increasing is the loss of state funding. The recently approved Pennsylvania budget included several cuts to all levels of education. While Governor Tom Corbett originally called for a 50 percent reduction in funding to universities, the actual number ended up being closer to 20 percent with different universities taking different financial hits.
What else can colleges and universities do to offset the increase?
Aside from raising tuition to cover the loss of state funds, educational facilities will likely evaluate all of the programs they offer. Plus, not replacing retirees and furloughs of employees are other options at their disposal. In general, pretty much everything is on the table when it comes to saving money.
Is financial aid going to increase?
The Pennsylvania Higher Education Assistance Agency has stated it will release an additional $50 million in grants, which will bring the maximum grant to over $4,000. While the increase might be enough to cover increases at smaller colleges and universities, students at larger universities (with higher tuitions) and anyone who does not qualify for the state grants will have to make up the difference out-of-pocket or with more student loans.
Jason Gallagher is a former travel professional and long-time Pennsylvania resident. These experiences give him a first-hand look at developing situations in the state and everything included in the travel industry from technology to trends.
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