University of Wisconsin regents approve tuition hike

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University of Wisconsin System Students will have to pay hundreds of extra dollars to attend classes next year under a system plan that officials overwhelmingly approved Thursday.

The Board of Regents voted during a meeting at UW-Stout to adopt system president Jay Rothman’s proposal to increase student tuition, fees, and room and board rates starting this fall.

The tuition increase is the first since Republican lawmakers lifted an eight-year freeze on rates in 2021. Governors elected not to impose any increases last year as the state was emerging from COVID-19 pandemic.

University of Wisconsin budget plan will include 5% tuition increase

Rothman argued that high inflation, more expensive food contracts, increased utility costs, construction projects, and unfunded wage schemes had forced the system to take action now. Moreover, Governor Tony Evers’ proposed budget for 2023-25 ​​would leave the system about $130 million short of what the governors say they need over the next two years.

The University of Wisconsin Systems Board of Regents approved its presidents' proposal to raise tuition.

The University of Wisconsin Systems Board of Regents approved its presidents’ proposal to raise tuition.

How many companies have not raised their prices in 10 years? said Regent Scott Paitol, Chairman of the Board Finance Committee. “Nobody. It’s time to use this lever at the university.”

The only dissenting vote was cast by Regent Rodney Bache. He said he understands the system needs to raise more money, but Rothman’s proposal is too much for struggling students, who will have to dig deeper into their savings, work more hours or go into debt to cover the rising costs. He added that increasing tuition fees is not a good look when more people are asking about the value College degree.

Government. Ever is looking to spend $1.8 billion on Wisconsin campuses

“We need an annual increase in tuition fees,” he said, “(but) it has to be something less (than the Rothman Plan).”

Under the plan, the average annual cost for most undergraduates in the state living on a four-year campus would increase by an average of 4.2%, or about $706 per year. The average annual cost in the two-year school system will increase by about 6.3%, or about $329 annually.

UW-River Falls students will have to contend with an annual raise of $822, the highest among all of the system’s institutions, according to system numbers. UW-Green Bay students will face an increase of $796 per year. Students at UW-Madison will see an annual increase of $669. UW-Milwaukee students will have to pay an additional $743 annually.

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Tuition rates for out-of-state undergraduate students will also increase. UW-Madison will raise its prices by 3.3%, or about $1,137. UW-Milwaukee will go up 2.5%, or about $498.

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