Saturday, January 30, 2016

University of Illinois plans tuition freeze — again - Jodi S. Cohen and Monique Garcia, Chicago Tribune

For the second year in a row, University of Illinois is poised to freeze tuition for new in-state undergraduates next academic year, a decision aimed at attracting students who have been leaving the state as costs have increased and the state's financial outlook is uncertain. The decision carries more financial risk than last year, however, as it comes during a statewide budget stalemate now in its seventh month. Like all of Illinois' public universities, U. of I. has not received state funding for operations since the fiscal year began in July. Based on last year's appropriation, the state is $640 million behind in payments to the university, plus another $31 million for student financial aid. http://www.chicagotribune.com/news/ct-university-of-illinois-tuition-20160120-story.html