University of Wisconsin System resident undergraduate tuition and fees. (FE)
Impact
The legislation would amend existing statutes concerning tuition and fees at State universities, creating a framework that ties any increase in tuition directly to the CPI. This change aims to provide more predictability for students and families when planning for educational expenses. Additionally, the bill requires that any proposed increases in segregated fees must be approved by the joint committee on finance, thereby adding a layer of accountability to the tuition-setting process.
Summary
Assembly Bill 132 aims to regulate the tuition and fees charged to resident undergraduate students at the University of Wisconsin System. Specifically, the bill prohibits the Board of Regents from increasing resident undergraduate tuition by more than the percentage increase in the consumer price index (CPI) from the previous year. This measure is designed to ensure that tuition increases remain in line with inflation, thereby protecting students and their families from disproportionate financial burdens as the cost of living rises.
Contention
While the intent of AB132 is to limit tuition hikes, it has sparked debate among lawmakers and various stakeholders. Supporters praise the bill as a necessary step to control rising educational costs and to ensure access to higher education for all residents. However, critics argue that linking tuition increases to CPI might not adequately address the unique financial needs of the University of Wisconsin System or respond to the institution's funding challenges. They express concerns regarding the adequacy of funding for educational programs and services, suggesting that strict limitations may hinder the system's ability to maintain quality education.
Public postsecondary education: University of California: California State University: student financial assistance: tuition and mandatory systemwide fees: admission of out-of-state students.