Prohibits public institutions of higher education from increasing resident undergraduate and graduate tuition and fees by more than 4% over the prior academic year.
Impact
Should A2639 be enacted, it would amend existing statutes pertaining to tuition and fees at public higher education institutions, effectively limiting their ability to raise costs beyond the designated percent. This legislative change would not only provide immediate relief to current students but could also make higher education more accessible in the long term by reducing the financial burden on future students. Furthermore, it encourages institutions to consider operational efficiencies and cost-cutting measures to remain within the defined limits, potentially transforming budget management strategies within these institutions.
Summary
Assembly Bill A2639 aims to regulate tuition increases at public institutions of higher education in New Jersey by prohibiting any increase in resident undergraduate and graduate tuition and fees by more than 4% over the previous academic year. This measure is intended to provide financial predictability for students and their families, mitigating the rising cost of higher education which has been a growing concern across the state and nation. The bill specifically includes provisions for various graduate programs, such as law, medicine, and business, ensuring that increases in these fields are also capped at the same percentage.
Contention
Debate surrounding the bill centers on the balance between managing costs for students and ensuring adequate funding for public universities. Proponents argue that capping tuition increases is essential for maintaining accessibility to education. Conversely, opponents highlight potential negative impacts on the institutions' budgets, suggesting it may lead to cutbacks in programs and services essential to maintaining educational quality. As such, the discussion emphasizes the need to weigh the financial implications for both students and educational institutions.
Carry Over
Prohibits public institutions of higher education from increasing resident undergraduate and graduate tuition and fees by more than 4% over the prior academic year.
Prohibits public institutions of higher education from increasing resident undergraduate and graduate tuition and fees by more than 4% over the prior academic year.
Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.
Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.
Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.
Prohibits public institution of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.
Requires public institutions of higher education to submit proposed tuition and fees for upcoming academic year to Secretary of Higher Education for review.
Requires undergraduate students to file degree plan and requires institutions of higher education and certain propriety institutions to develop pathway systems to graduation.
Requires undergraduate students to file degree plan and requires institutions of higher education and certain propriety institutions to develop pathway systems to graduation.