NJ
New Jersey Assembly Bill A2639

New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A2639

Introduced
1/9/24  

Caption

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.

Companion Bills

NJ A1038

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.

Previously Filed As

NJ A1038

Prohibits public institutions of higher education from increasing resident undergraduate and graduate tuition and fees by more than 4% over the prior academic year.

NJ A4538

Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than two percent over prior academic year.

NJ S2165

Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than 4 percent over the prior academic year.

NJ S3723

Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than two percent over prior academic year.

NJ S2727

Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than four percent over prior academic year.

NJ A1009

Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.

NJ A853

Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.

NJ S274

Prohibits public institutions of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.

NJ S2711

Prohibits public institution of higher education from increasing resident undergraduate tuition for four continuous academic years following student's initial enrollment.

NJ SB1443

Relating to the academic costs charged to resident undergraduate students by general academic teaching institutions and to certain reports regarding certain costs of those institutions.

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