Current:Home > ScamsUniversity of Wisconsin president wants $855 million in new funding to stave off higher tuition -SecureWealth Vault
University of Wisconsin president wants $855 million in new funding to stave off higher tuition
View
Date:2025-04-24 11:43:39
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! (2)
Related
- B.A. Parker is learning the banjo
- Wrestling icon Vince McMahon resigns from WWE after former employee files sex abuse lawsuit
- Rubiales loses appeal against 3-year FIFA ban after kissing Spain player at Women’s World Cup final
- Whoopi Goldberg pushes back against 'Barbie' snubs at 2024 Oscars: 'Everybody doesn't win'
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Leipzig releases two youth players after racist comments about teammates
- Illegal border crossings from Mexico reach highest on record in December before January lull
- Justice Department finds Cuomo sexually harassed employees, settles with New York state
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- US nuclear agency isn’t consistent in tracking costs for some construction projects, report says
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Key takeaways from UN court’s ruling on Israel’s war in Gaza
- American founder of Haitian orphanage sexually abused 4 boys, prosecutor says
- Man gets death sentence for killing 36 people in arson attack at anime studio in Japan
- Sonya Massey's father decries possible release of former deputy charged with her death
- See Gigi Hadid and Bradley Cooper Confirm Romance With Picture Perfect Outing
- Woman committed to mental institution in Slender Man attack again requests release
- Horoscopes Today, January 26, 2024
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
'Heartless crime': Bronze Jackie Robinson statue cut down, stolen from youth baseball field
Justin Timberlake announces The Forget Tomorrow World Tour, his first tour in 5 years
Former Spain soccer president Luis Rubiales facing trial for unwanted kiss at Women's World Cup
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Lawmakers want oversight of Pentagon's don't ask, don't tell discharge review
Britney Spears’ 2011 Song “Selfish” Surpasses Ex Justin Timberlake’s New Song “Selfish”
As US brings home large numbers of jailed Americans, some families are still waiting for their turn