Current:Home > MyUniversity of Wisconsin president wants $855 million in new funding to stave off higher tuition -Apex Capital Strategies
University of Wisconsin president wants $855 million in new funding to stave off higher tuition
View
Date:2025-04-16 22:18:46
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! (4)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Deaths & Major Events
- Annual Report Card Marks Another Disastrous Year for the Arctic
- Q&A: A Human Rights Expert Hopes Covid-19, Climate Change and Racial Injustice Are a ‘Wake-Up Call’
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Why Chris Pratt and Katherine Schwarzenegger’s Wedding Anniversary Was Also a Parenting Milestone
- Shark attacks, sightings in New York and Florida put swimmers on high alert
- After Dylan Mulvaney backlash, Bud Light releases grunts ad with Kansas City Chiefs' Travis Kelce
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- See Kendra Wilkinson and Her Fellow Girls Next Door Stars Then and Now
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Ohio groups submit 710,131 signatures to put abortion rights amendment on November ballot
- ‘America the Beautiful’ Plan Debuts the Biden Administration’s Approach to Conserving the Environment and Habitat
- Covid-19 Cut Gases That Warm the Globe But a Drop in Other Pollution Boosted Regional Temperatures
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Rachel Bilson’s Vibrator Confession Will Have You Buzzing
- New Report: Climate Change and Biodiversity Loss Must Be Tackled Together, Not Separately
- In Georgia, Buffeted by Hurricanes and Drought, Climate Change Is on the Ballot
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
These On-Sale Amazon Shorts Have 12,000+ 5-Star Ratings— & Reviewers Say They're So Comfortable
Solar Is Saving Low-Income Households Money in Colorado. It Could Be a National Model.
Uzo Aduba Is Pregnant, Expecting First Baby With Husband Robert Sweeting
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
See the Shocking Fight That Caused Teresa Giudice to Walk Out of the RHONJ Reunion
See Kendra Wilkinson and Her Fellow Girls Next Door Stars Then and Now
Chicago program helps young people find purpose through classic car restoration