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WICHITA, Kansas – Paying for college just got a little tougher tonight for students attending state universities.
The Kansas Board of Regents voted yes to increasing tuition and it’s a hike many students and parents say they can’t afford.
“I think it’s completely ridiculous,” said David Boyea, incoming freshman at Wichita State. “I understand the state is taking money, but there has to be another viable option.
But the Board of Regents says there isn’t one after Kansas lawmakers cut around $48 million in funding for higher education.
“We came to the conclusion these tuition increases are necessary to cover the budget cuts made by the 2013 legislature and increased fixed costs,” said Kenny Wilk, Regent. “The cuts imposed by the legislature forced us to increase tuition far more than what we would have otherwise done.”
School leaders asked the board to consider the tuition hike to make up for the cuts and their request was approved Wednesday afternoon.
Wichita State sees the highest increase at 8% and the lowest is at Fort Hays State University at 3.4%.
- Wichita State University, 8.0%
- Pittsburgh State University, 7.4%
- Kansas State University, 7.0%
- Emporia State University, 6.5%
- Kansas University, 4.9%
- Fort Hays State University, 3.4%
- (Kansas University Medical Center, 7.3%)
“Even if the 8% isn’t a huge deal to some people to the few people it’s going to be a big problem,” said Boyea.
Because times are tough lately, some parents don’t have any extra cash to save for their child’s education.
“These last few years almost everybody is struggling with money to some degree or another,” said Billie Hagusness, concerned parent.
But financial experts say it really doesn’t matter how much you make, but how well you plan and map out your finances.
“So it’s not really if I’m making $50,000 I should be putting 3% away or whatever,” said Don Grant, certified financial planner and ambassador. “It really is what it’s going to cost? What the final product is going to cost? How am I going to be able to afford to do that.”
The approved hike goes into effect starting next school year.
Keep in the mind the increases are different for graduate and undergraduate students.