The New Mexico State University Board of Regents approved an approximate $600 increase in yearly student costs at a special budget meeting Thursday.
The tuition increase will take effect next year, and came as a result of cuts in state funding. “We live in a world with a weird and unfortunate state funding formula and that forces universities to raise tuition,” Regent Javier Gonzales said. Some regents said raising tuition was not the favorite option for balancing the budget, but ultimately the board decided it was the only way to keep NMSU competitive and growing. Others, including student regent Chis Anaya who voted against the tuition increase, disagree.
