Wednesday, August 3, 2011
UT budget release - Independent Collegian
UT, however, sounds like it’s not the only university that’s suffering financially. According to the Center of Budget and Policy Priorities, 11 public universities in Florida raised tuition by 15 percent last year. A similar increase occurred the year before, resulting in a total two-year increase of 32 percent. In Minnesota, budget cuts caused over 9,400 students to lose their state financial aid grants. Depending on the university, with Alabama’s tuition increases as high as 32 percent and New York’s increasing by 14 percent, the list just goes on and on. College, in the tail end of a financial crisis, has become a questionable step in an individual’s life, reaching for their wallets with shaking hands. According to Dr. Jacobs, the UT Board of Trustees searched high and low for places to make adjustments and cuts. Who would have thought they’d pick the spot that would hurt their customers, the students, the most.