ISU to raise tuition 2%, may pick president Friday

2013-05-09T07:00:00Z 2013-05-09T08:30:27Z ISU to raise tuition 2%, may pick president FridayBy Lenore Sobota | lsobota@pantagraph.com pantagraph.com

NORMAL — A tuition increase of about 2 percent for incoming students and possibly the selection of the next president of Illinois State University are among topics the ISU Board of Trustees will consider at its meeting Friday.

ISU Chief of Staff Jay Groves said the board met for about four hours Saturday to discuss the four finalists to succeed President Al Bowman.

“There’s a strong possibility that on Friday they will reach a conclusion,” Groves said. “Whether that will be announced, I can’t say.”

This will be Bowman’s last board meeting as president. He announced in December that he would step down at the end of the school year for health reasons.

The meeting will begin at 9 a.m. in the Old Main Room of the Bone Student Center.

The proposed tuition increase would bring the per-credit hour charge for new in-state undergraduates to $342, up from the $335 paid by new undergraduates in fall 2012, an increase of 2.1 percent.

New out-of-state undergraduates would pay $590 per credit hour, up from $578, also a 2.1 percent increase.

Under the state’s Truth-in-Tuition law, the rates would stay the same for this fall’s incoming students through summer 2017.

Housing and fee increases also are on the agenda.

ISU spokesman Eric Jome said the university is “trying to keep things affordable but also look at what sort of revenue we need.”

Diminishing state aid has made that a challenge, he said.

Trying to find new ways to generate revenue, other than tuition increases, is one of the goals of the long-range financial plan being developed. The task force is led by Vice President of Academic Affairs and Provost Sheri Noren Everts and Vice President for Finance and Planning Dan Layzell.

In-state graduate student tuition would increase from $308 to $345 per credit hour and out-of-state graduate student tuition would rise from $639 to $716 per credit hour. The jump of a little more than 12 percent is part of a multi-year plan to bring greater parity between undergraduate and graduate rates, according to university leaders.

The truth-in-tuition law does not apply to graduate student tuition.

Friday’s agenda also includes a proposal to expand the scope of the Felmley Hall heating conversion project to install a more efficient heating and cooling system and a proposal to authorize planning for the first phase of a renovation project at the Bone Student Center.

Copyright 2015 pantagraph.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(23) Comments

  1. The other dave
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    The other dave - May 10, 2013 1:03 pm
    Still no ideas? Just whining.
  2. moderndaycowboy
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    moderndaycowboy - May 09, 2013 10:21 pm
    Read this, it will tell you a lot about liberal arts majors: http://www.aacu.org/leap/documents/2013_EmployerSurvey.pdf

    They do get jobs and get paid well.
  3. thoughts a million
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    thoughts a million - May 09, 2013 10:13 pm
    Fees are expensive, and yes, I didn't include them because they do vary a little between the colleges.
    .
    However, I purposely left out the room and board -- even a high school graduate needs a roof over their head and food on the table. Room and board while working doesn't go away when you don't attend college, so I don't see that as a "college" expense.
  4. the Advocate
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    the Advocate - May 09, 2013 9:38 pm
    I agree with you wholeheartedly on the value of a college education. I have bachelors and masters degrees from ISU and they served me well throughout my career. That's why I hate to see student's priced out of a college education. You seem to have ignored fees and room and board. According to the ISU admissions website, tuition, fees, room and board is $22,090 per year. That makes my $100,000 figure much closer to reality. Assuming the student can get loans, at what rate can they afford to pay them back? Check on social workers salaries and beginning teacher salaries. That's after living expenses, of course. How much do good liberal arts students get paid in the real world? How about beginning philosophers? Perhaps that ISU degree is not worth as much as the national average which includes universities who graduate highly paid professionals. State statistics show that ISU students do pay back student loans at a much better rate that most other state schools. I still believe that $22,000 per year is way too expensive for most students to pay to attend college. And, of course, it rises every year.
  5. thoughts a million
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    thoughts a million - May 09, 2013 5:22 pm
    Advocate, I hit Submit too soon.... the BIG PICTURE also includes:
    .
    1. college graduates pay more taxes due to higher income.
    2. college graduates have more disposable income due to higher income.
    3. college graduates are far less employed than non-college graduates; thus, their cost to government social services is less.
    4. college graduates are better prepared for continual increases in technology. Low-tech jobs are the ones sent overseas.
    .
    I could go on, but I hope you'll open your mind some more.
  6. thoughts a million
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    thoughts a million - May 09, 2013 5:18 pm
    The US Census Bureau reported that in 2009, average annual wage for a high school graduate was $33,800, and for the average college graduate (bachelor's), it was $55,700.
    .
    That's a difference of $21,900 annually; over the course of working 40 years, that is a difference of $876,000.
    .
    So.... tuition for four years starting this fall, assuming a student is taking a full load of 15 credit hours, will total $41,040. They'll earn that back in two years. Pretty good ROI if you ask me.
  7. the Advocate
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    the Advocate - May 09, 2013 3:38 pm
    What is a bachelor's degree from ISU worth? How much debt are students willing to incur to get one? How many talented students are turned away by the high cost? What are the ramifications for society? Get your nose out of the details (and your paycheck) and dare to look at the BIG PICTURE and the BOTTOM LINE!
  8. moderndaycowboy
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    moderndaycowboy - May 09, 2013 1:20 pm
    It's easier for "the Advocate" to criticize when he/she has no idea about what they are talking about, or even takes the time to research any facts.
  9. moderndaycowboy
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    moderndaycowboy - May 09, 2013 1:19 pm
    Nope, not at all.
  10. thebaron
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    thebaron - May 09, 2013 11:56 am
    The Stadium renovation has to be paid by raising the Student's tuition.
  11. thoughts a million
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    thoughts a million - May 09, 2013 10:43 am
    Define "massive."
    .
    The 2 percent increase for incoming freshmen, coupled with a frozen tuition rate for their four years, means a 1/2 percent increase per year. Pretty good deal, I think....
  12. The other dave
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    The other dave - May 09, 2013 9:13 am
    You seem to be very interested in this topic since you have posted half of the comments. But you have not offered any ideas for how ISU should get the money needed to educate. Stop whining and pointing your fingers and propose a working idea. Just saying we need legislative approval is not enough. Should the state government pay for everyone's tuition at ISU? Or should the federal government pay? You obviously do not think that the student should pay? Or do we ask the professors and other ISU employees to just work for free? Do we sell the buildings and hold class in tents to save money? Why is it wrong for the customers to actually pay most of the cost of a product (education in this case)?

    Use your bully pulpit to get some ideas out there instead of just whining.
  13. SM58
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    SM58 - May 09, 2013 9:02 am
    you had the opportunity to ask this question in the public forums offered by each candidate......did you?
  14. ct
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    ct - May 09, 2013 5:18 am
    With capital projects included, state funding is on par with the past

    The only thing they are not getting is the continued increases of the past.

    MAP funding has been slashed which would hurt except that federal Pell money has expanded, along with federal loan limits so the school sees little difference there, although students incur far more debt.
  15. the Advocate
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    the Advocate - May 08, 2013 11:35 pm
    Are the massive tuition increases of the last 10 years reflected in the university's mission statement? Perhaps it has changed to educate only the wealthy. Is that best for the future of society?
  16. the Advocate
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    the Advocate - May 08, 2013 11:32 pm
    I would like to know the creative plans of the presidential candidates to fund expanding university expenses without dumping on the backs of future students.
  17. the Advocate
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    the Advocate - May 08, 2013 11:27 pm
    A college education is valuable, but at what point is it priced beyond the reach of most students? Should a student have to borrow $100,000 to get a degree at a state public university? How would he ever repay it if he becomes an educator or social worker? This isn't the U of I where the alums are engineers and doctors.
  18. Kady
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    Kady - May 08, 2013 11:13 pm
    Hm.. anything we can do to make it easier for potential students to go to college... oh wait.

    I understand the need for an increase, and how little ISU gets from the state. Doesn't mean we have to like it, right?
  19. moderndaycowboy
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    moderndaycowboy - May 08, 2013 8:24 pm
    Reduced state funding = tuition increases. That how it goes, and how it will continue to go. ISU receives less than 17% of its budget from the state. We are no longer a state school, simply state-located.
  20. Chadwick Snow
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    Chadwick Snow - May 08, 2013 7:42 pm
    If you have ever priced private higher education you'd know that ISU's tuition is far below that of a private university.
  21. the Advocate
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    the Advocate - May 08, 2013 6:23 pm
    Perhaps what is really needed is legislature approval for tuition hikes at state schools.
  22. the Advocate
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    the Advocate - May 08, 2013 6:22 pm
    Another increase to the cost of a public school education that is already beyond the means of most students. Perhaps the state should just cut the purse strings and allow these high priced institutions to become private schools.
  23. thoughts a million
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    thoughts a million - May 08, 2013 6:14 pm
    Given the continual state cutbacks, a two percent increase is low. Money magazine reports tuition increased last year by over 8 percent for USA colleges and universities..
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