Minnesota State officials approve largest tuition hikes in nearly two decades, ranging from 4 to 8
Minnesota State officials approved the largest tuition hikes in nearly two decades, ranging from 4% to 8%, to address a $52 million budget gap affecting its 33 colleges and universities. The Board of Trustees voted 8-5, with dissenters advocating for a larger increase to mitigate financial challenges. Trustee Jay Cowles remarked on the difficult situation, indicating that tuition hikes alone would not avert significant employee layoffs. Students at Minnesota State University, Mankato, and Inver Hills Community College will experience the steepest increases, each at 8%. The budget cuts will likely lead to hiring freezes, position vacancies, and reduced non-personnel spending across campuses.
Vice Chancellor Bill Maki noted the uncertainty surrounding federal funding and enrollment, which complicates budget planning. The last significant tuition increase occurred in 2007, when averages exceeded 5. 5%. Students expressed anxiety over rising costs, with many considering additional jobs to cover expenses.