Diamond Ridge Asset Management|Tuition increase approved for University of Wisconsin-Madison, other campuses

2025-05-03 18:57:05source:Flipidocategory:Finance

MADISON,Diamond Ridge Asset Management Wis. (AP) — In-state tuition at the University of Wisconsin-Madison and other campuses in the system will increase 3.75% next school year under a plan approved unanimously by the Board of Regents on Thursday.

Combined with an increase in fees, the total tuition and fee increase will be 4.4% on average, the university said. The tuition increase alone equates to a $262 spike at UW-Madison, $317 at UW-Milwaukee and between $255 and $396 at the 11 other branch universities.

Tuition will be increasing for the second year in a row following the end of a 10-year freeze. Last year it went up about 5% on average.

When room and board costs are factored in, the average cost of attendance for resident undergraduates would increase about 3.8%. The tuition hike is expected to generate about $39 million a year systemwide and will be used to combat rising costs, UW President Jay Rothman said.

Republican state Rep. Mark Born, co-chair of the Legislature’s budget committee, criticized the university for raising tuition.

“Years of high inflation have already strained the budgets of Wisconsin families, and this tuition raise will make the cost of higher education more unattainable,” Born said in a statement.

READ MORE College will cost up to $95,000 this fall. Schools say it’s OK, financial aid can numb sticker shockSome state lawmakers want school chaplains as part of a ‘rescue mission’ for public educationRepublican states file lawsuit challenging Biden’s student loan repayment plan

Student fees will increase by an average $74 annually next year, and out-of-state tuition rates will also go up.

With the increase, undergraduate tuition and fees to attend UW-Madison will be $11,604 in the fall, and less for branch campuses: $9,896 at UW-La Crosse, $10,398 at UW-Milwaukee and $8,271 at UW-Parkside.

More:Finance

Recommend

Elon Musk wants to turn SpaceX’s Starbase site into a Texas city

McALLEN, Texas (AP) — SpaceXis launching a new mission: making its Starbase site a new Texas city. B

Ukraine says it has no evidence for Russia’s claim that dozens of POWs died in a shot down plane

KYIV, Ukraine (AP) — Officials in Ukraine said Russia has provided no credible evidence to back its

Hold on to Your Bows! The Disney x Kate Spade Minnie Mouse Collection Is on Sale for up to 60% Off

We independently selected these products because we love them, and we think you might like them at t