College Tuition Relief

After more than 2 decades of steep annual tuition rate hikes, Tennessee college students are set to get a break this fall. The University of Tennessee Board of Trustees set to approve a rate hike averaging 2.2% during a meeting this week. A University spokesman says the modest increase marks a turning point in higher education funding. Twenty years ago the state paid 2/3 of the cost of college education. As lawmakers cut back funding, the cost of higher education shifted to students, who now pay 2/3 of college costs. The Regents Board, which oversees Middle Tennessee State University and Motlow Community College, will approve average tuition hikes of 3% this week. The General Assembly jumped higher education spending by $72.2 million for the new budget beginning July 1st.

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