Current:Home > StocksUniversity of Wisconsin president wants $855 million in new funding to stave off higher tuition -WealthFlow Academy
University of Wisconsin president wants $855 million in new funding to stave off higher tuition
View
Date:2025-04-15 18:42:37
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! (63)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Appalachia Could Get a Giant Solar Farm, If Ohio Regulators Approve
- Vanderpump Rules' Lala Kent Slams Narcissist Tom Sandoval For Ruining Raquel Leviss' Life
- Murder probe underway after 6 killed, 1 hurt in South Carolina house fire
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- High-Stakes Fight Over Rooftop Solar Spreads to Michigan
- 1 person shot during Fourth of July fireworks at Camden, N.J. waterfront
- Kelis and Bill Murray Are Sparking Romance Rumors and the Internet Is Totally Shaken Up
- Could your smelly farts help science?
- A Warming Planet Makes Northeastern Forests More Susceptible to Western-Style Wildfires
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- These Cities Want to Ban Natural Gas. But Would It Be Legal?
- California Ups Its Clean Energy Game: Gov. Brown Signs 100% Zero-Carbon Electricity Bill
- These On-Sale Amazon Shorts Have 12,000+ 5-Star Ratings— & Reviewers Say They're So Comfortable
- Bodycam footage shows high
- They Built a Life in the Shadow of Industrial Tank Farms. Now, They’re Fighting for Answers.
- Maternal deaths in the U.S. more than doubled over two decades with Black mothers dying at the highest rate
- The 10 Best Weekend Sales to Shop Right Now: Dyson, Coach Outlet, Charlotte Tilbury & More
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
14-year-old boy dead, 6 wounded in mass shooting at July Fourth block party in Maryland
Leandro De Niro-Rodriguez, Robert De Niro's grandson, dies at age 19
Selena Gomez Hilariously Flirts With Soccer Players Because the Heart Wants What It Wants
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
100% Renewable Energy: Cleveland Sets a Big Goal as It Sheds Its Fossil Fuel Past
California Ups Its Clean Energy Game: Gov. Brown Signs 100% Zero-Carbon Electricity Bill
Coal Train Protesters Target One of New England’s Last Big Coal Power Plants