Are SUNY Tuition Hikes, Plus New Funding, a Magic Bullet?
Okay, let’s start with the negative news. (For students, who else?) Tuition is about to increase by $300 a year for in-state students who attend the universities that are part of the State University of New York (SUNY) system. In addition, tuition for out-of-state students will rise by about 10 percent a year.
But here’s where the news gets better. (Or at least, it starts to SOUND better.) Governor Andrew Cuomo, who has a way of working lots of angles to get good things done, has hatched a plan to add grants and funding to the money that will be generated by the tuition hikes. Plus, he has some other plans that are worth noting . . .
- Enrollment will increase by 4,700 students, so the bigger tuition will generate even bigger working capital for the schools.
- Each of the four SUNY universities is applying for $20 million in state funding to expand facilities and operations. (Each school is expected to augment those funds with $15 million of its own.) According to proponents of the plan, lots of new jobs and economic stimulation will result. SUNY Binghamton alone is hoping to hire 150 new faculty members and create something like 1,600 jobs.
With all the doom and gloom and shortfalls in higher education, let’s hope this plan works. It is exciting, and encouraging, to see a state that is giving dollars, not just lip service, to improving higher education.
To read more about it, CLICK HERE. And please let us know your take on this ambitious new plan.
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