University of Cincinnati hikes tuition and cuts vacation time to keep budget healthy - Bob Driehaus, WCPO

Looking to keep its fiscal house in order, University of Cincinnati is hiking tuition by 2 percent across the board while cutting vacation for non-union employees. A year after freezing tuition rates, the university raised tuition for undergraduate and graduate students on all of its campuses by the maximum percentage allowed by the state. Bob Ambach, senior vice president for administration and Finance, said the increase may not cover UC's additional expenses for the 2014-15 school year, but an expected rise in state funding, coupled with income from the endowment and elsewhere should make up the difference. http://www.wcpo.com/news/education/university-of-cincinnati-hikes-tuition-and-cuts-vacation-time-to-keep-budget-healthy