Saturday, May 11, 2019

Portland State considering 11 percent tuition increase, budget cuts - Laura Gunderson, The Oregonian

A Portland State University Board of Trustees committee voted Friday to consider increasing student tuition by 11 percent and cut about $10 million from its academic and student support budgets. The full university board is scheduled to vote May 13 on the proposal. The university outlined the proposal Friday in a news release, which stated the moves would be necessary unless state lawmakers set aside more funding for higher education. The proposals would be necessary to address cost increases totaling $18.6 million, according to Kevin Reynolds the university’s vice president of finance and administration “We need a commitment of additional revenue support from the state to cover significant cost increases, particularly those that arise as a result of the underfunded Public Employee Retirement System,” Reynolds said. https://www.oregonlive.com/politics/2019/05/portland-state-considering-11-percent-tuition-increase-budget-cuts.html