Current:Home > reviewsUniversity of Wisconsin president wants $855 million in new funding to stave off higher tuition -InfiniteWealth
University of Wisconsin president wants $855 million in new funding to stave off higher tuition
View
Date:2025-04-20 16:28:18
MADISON, Wis. (AP) — Universities of Wisconsin officials are asking their regents to approve a request for $855 million in new state funding to stave off another round of tuition increases, cover raises, subsidize tuition and keep two-year branch campuses open in some form.
President Jay Rothman said during a brief Zoom news conference Monday that his administration plans to ask regents on Thursday to approve asking for the money as part of the 2025-27 state budget. The request is only the first step in a long, winding budget-making process. Tuition and student fees at the University of Wisconsin-Madison, the system’s flagship campus, is now $11,606 a year for in-state undergraduates. The total cost to attend the university for a year is about $30,000 when factoring in room and board, educational supplies and other costs.
If regents sign off on Rothman’s request, it would go to Gov. Tony Evers to consider including in the executive budget plan he sends to lawmakers for them to weigh in budget negotiations. Evers has already said he plans to propose more than $800 million in new funding for UW in the coming two-year spending plan.
Lawmakers will spend weeks next spring crafting a budget deal before sending it back to Evers, who can use his partial veto powers to reshape the document to his liking.
Rothman said he would not seek a tuition increase for the 2026-27 academic year if he gets what he’s looking for from lawmakers. He declined to say what increases students might otherwise face.
Declining enrollment and flat state aid has created a world of financial problems for the UW system and left the campuses more dependent on tuition. Six of the system’s 13 four-year campuses face a deficit heading into this academic year and system officials have announced plans to close six two-year branch campuses since last year.
Almost a quarter of the system’s revenue came from tuition last year while only about 17% came from state funding, according to an analysis from the nonpartisan Legislative Fiscal Bureau. Regents increased tuition an average of 4.9% for the 2023-24 academic year and 3.75% going into this year.
Rothman said the additional money he wants would pay for an 8% across-the-board salary increase for faculty and staff over the biennium.
The new money also would help fund the Wisconsin Tuition Promise, a program that covers tuition and fees for lower-income students beginning in 2026. Students from families that make $71,000 or less would be eligible.
The program debuted in 2023 and covered students whose families earned $62,000 or less. Financial problems put the program on hold this year except at UW-Madison and UW-Milwaukee, but the system plans to restart it next fall for students whose families earn $55,000 or less using mostly money from within system administration.
An influx of cash from the state could not only expand tuition subsidies and pay for raises, but would also help keep two-year branch campuses open, Rothman said. Even with more money, though, campus missions could shift toward graduate programs or continuing adult education in the face of declining enrollment, he said.
veryGood! (55)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- White House agrees to board to mediate labor dispute between New Jersey Transit and its engineers
- Litter of dead puppies found on Pennsylvania golf course prompts criminal investigation
- Future locations of the Summer, Winter Olympic Games beyond 2024
- South Korean president's party divided over defiant martial law speech
- Winter Olympics are officially heading back to Salt Lake City in 2034. Everything to know
- Dancers call off strike threat ahead of Olympic opening ceremony, but tensions remain high
- Pregnant Hailey Bieber Confirms Husband Justin Bieber Gifted Her Stunning New Ring
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- How much is $1,000 a month worth? New study explores impact of basic income
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Escalator catches fire at JFK Airport: At least 9 people injured, 4 of them hospitalized
- Lowe's 'releasing the kraken' with Halloween 2024 'Haunted Harbor' collection
- Jimmy Carter, 99, Is Still Alive Despite Death Hoax
- What to watch: O Jolie night
- MLS All-Star Game vs. Liga MX: Rosters, game time, how to watch on live stream
- MLS All-Star Game vs. Liga MX: Rosters, game time, how to watch on live stream
- Tiger Woods' son, Charlie, misses cut at U.S. Junior Amateur
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Looking for a Natural, Broad-Spectrum Sunscreen That's Also Reef-Safe? We Found a Brand
Sofía Vergara Shares Rare Glimpse at Romantic Vacation With Boyfriend Justin Saliman
Whale capsizes boat off Portsmouth, New Hampshire in incredible video recorded by teen
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Did 'Veep' predict Kamala Harris' presidential run? HBO series sees viewership surge
Chloe Chrisley Shares Why Todd and Julie Chrisley Adopting Her Was the “Best Day” of Her Life
Did 'Veep' predict Kamala Harris' presidential run? HBO series sees viewership surge