2008 Woodie Awards
SIUE costs rise most among Ill. universities
Tuition remains second-lowest
Matthew Schroyer
Issue date: 11/1/07 Section: News
A recent study of the cost of college confirms a feeling students may have felt in their pocketbooks all along - it ain't cheap, and it's getting more expensive each year.
A study released by the College Board Oct. 22 reveals that nationwide, the tuition of public, four-year institutions has outpaced inflation by a wide margin. For the 2007-08 academic year, tuition increased 6.6 percent, according to the College Board study. That's more than double the rate of inflation, which is approximately 2.6 percent, according to data obtained from the Federal Reserve Bank of St. Louis Web site.
At SIUE alone, tuition for incoming freshmen has jumped 9.9 percent, which is an increase of $469 from the 2006-07 rate. The current cost of tuition is listed as $5,227.50 per year for incoming freshmen. While SIUE is the second-cheapest public university in the state, this year its tuition costs jumped more than any other in Illinois.
The cheapest public university in the state is currently Governor's State University in University Park, Ill., with tuition and fees listed as $5,966. The cost of tuition plus fees for SIUE is $6,561.
SIUE Public Affairs Director Greg Conroy said increases in costs are normal for colleges, and have to be adjusted along with other increases.
"I feel our administration does a good job controlling costs," Conroy said. "I feel they are doing the best they can."
Conroy said that the university potentially saved millions of dollars by signing a ten-year contract with U.S. Foods, which was orchestrated by SIUE Budget Director Bill Winter.
"We are constantly looking for the best option," Conroy said.
The increase was less for students at the Carbondale campus; 9.3 percent, or a $540 increase. Freshmen entering Carbondale still paid $1,121 a year more than students in Edwardsville.
For incoming freshmen at the University of Illinois Urbana-Champaign, tuition increased 9 percent, to $8,440 a year. At Western Illinois University, the increase was 8.4 percent, to $5,895.
A study released by the College Board Oct. 22 reveals that nationwide, the tuition of public, four-year institutions has outpaced inflation by a wide margin. For the 2007-08 academic year, tuition increased 6.6 percent, according to the College Board study. That's more than double the rate of inflation, which is approximately 2.6 percent, according to data obtained from the Federal Reserve Bank of St. Louis Web site.
At SIUE alone, tuition for incoming freshmen has jumped 9.9 percent, which is an increase of $469 from the 2006-07 rate. The current cost of tuition is listed as $5,227.50 per year for incoming freshmen. While SIUE is the second-cheapest public university in the state, this year its tuition costs jumped more than any other in Illinois.
The cheapest public university in the state is currently Governor's State University in University Park, Ill., with tuition and fees listed as $5,966. The cost of tuition plus fees for SIUE is $6,561.
SIUE Public Affairs Director Greg Conroy said increases in costs are normal for colleges, and have to be adjusted along with other increases.
"I feel our administration does a good job controlling costs," Conroy said. "I feel they are doing the best they can."
Conroy said that the university potentially saved millions of dollars by signing a ten-year contract with U.S. Foods, which was orchestrated by SIUE Budget Director Bill Winter.
"We are constantly looking for the best option," Conroy said.
The increase was less for students at the Carbondale campus; 9.3 percent, or a $540 increase. Freshmen entering Carbondale still paid $1,121 a year more than students in Edwardsville.
For incoming freshmen at the University of Illinois Urbana-Champaign, tuition increased 9 percent, to $8,440 a year. At Western Illinois University, the increase was 8.4 percent, to $5,895.
Viewing Comments 1 - 1 of 1
BenC
Ben Chandler
posted 11/01/07 @ 3:10 PM CST
This is a serious issue for a lot of people, and it really makes one wonder what the future holds.
If current trends continue, I wouldn't be at all surprised if in a worst case scenario one would have to earn $100,000/yr. (Continued…)
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