ISU’s board of trustees will meet Friday to set tuition, room and board for 2015.the school usually sets these numbers in May, but waited this year, because of uncertain funding from the state.
Some state leaders suggested a 6 percent increase in tuition was possible. However, the school will receive comparable funding to previous years, and the board should set the increase at 2 percent.
The Executive Committee of the Board of Trustees of Athens State University met with the University’s Budget Advisory Committee last week to consider a recommended a 7% tuition increase beginning with the Fall 2014 semester.
The increase was approved and will take the tuition rate from $167 to $179 per semester hour for traditional coursework and from $240 to $257 per semester hour for distance learning classes.
It’s been the same story over the past couple of years for many Arkansas universities: increasing tuition.
So far, the University of Central Arkansas, the University of Arkansas systems and Arkansas Tech have voted to increase tuition beginning next school year.
In-state undergraduate tuition and mandatory fees will increase by $562 to $12,017. Tuition and mandatory fees for out-of-state students will rise by $837 to $28,048.
In-state graduate students will pay $13,585 in tuition and fees, an increase of $562. Out-of-state students’ tuition and fees will rise by $1,296 to $25,884,
The predicted major downturn in graduate employment will occur at the same time student debts are expected to soar with the deregulation of university fees and an increased interest rate applied to student loans.
Preliminary estimates also indicate that the amount of student debt owed to the government, which will never be repaid, could jump to $3 billion a year under the new rules.
A UCLA study released yesterday made a dire prediction for the state’s public hospital system: The safety-net facilities will likely face a shortfall of between $1.38 billion to $1.54 billion by 2019, when federal funding cuts go into effect.
Many of the small businesses and individuals now required to purchase their health insurance on a new online “exchange” will see their premiums spike by an average of 9.8 percent next year, according to projections unveiled today by Blue Cross Blue Shield of Vermont.
New filings trickling into the Arizona Department of Insurance show at least two health insurers plan to increase rates more than 10 percent. Cigna wants to increase rates an average of 14.4 percent and Humana, 25.5 percent.
Portugal’s lenders cannot pay the last tranche of the country’s bailout until a rejection by the supreme court of a series of austerity measures is resolved, Prime Minister Pedro Passos Coelho said on Tuesday.
Euro zone inflation fell unexpectedly in May, all-but sealing the case for the European Central Bank to act this week with a batch of measures to stimulate the economy and keep it from the clutches of deflation. Annual consumer inflation in the 18 countries sharing the euro fell to 0.5 percent in May from 0.7 percent in April,
When interest rates are nearly zero or very low, cutting rates may not provide enough stimulus, so central banks have to look at other tools.
Inflation in the eurozone is currently at just 0.7%, considerably below the European Central Bank’s (ECB) target of just below 2%, while in Germany, inflation is running at only 0.6%.
For China, consumer prices are rising by 1.8%, which is half of its target.
Bank of Japan Governor Haruhiko Kuroda warned on Tuesday against prematurely discussing a strategy for withdrawing its massive stimulus programme, stressing that the priority now was to keep flooding markets with cash to meet the bank’s inflation target.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."