Sunday, September 25, 2016

U Alaska prepares for another multimillion-dollar budget gap and tuition hike - Tegan Hanlon, ADN

The University of Alaska is bracing for $16 million to $32 million cut to its state funding next year and is looking at another tuition hike to partially plug its anticipated budget gap. UA President Jim Johnsen presented a preliminary budget outline at Thursday's Board of Regents meeting in Juneau that included the "assumption" of a 10 percent tuition increase for the 2017-18 school year, which would come on top of years of steady increases to the prices students must pay for classes. If the 10 percent increase sticks as the university's budget process evolves over the next several months, Alaska residents at Anchorage's campus will pay about 134 percent more next school year for lower-division classes than resident students paid during the 2003-04 academic year. http://www.adn.com/alaska-news/2016/09/15/ua-prepares-for-another-multi-million-budget-gap-and-tuition-hike/