University of Nebraska system proposes tuition increase for coming school year to help resolve budget shortfall
The University of Nebraska has proposed a 3.5% increase in tuition for the coming school year.
Even with that, the system must find a way to resolve a budget shortfall estimated to top $84 million over the next two years.
NU President Ted Carter led the presentation Wednesday to the board of regents.
At 3.5%, University of Nebraska Lincoln students will pay an extra $9 per credit hour. At the University of Nebraska Omaha, it would be $8.
Carter said that's still a bargain.
"I want to just remind everybody that Nebraska has the lowest tuition in the Big Ten at this point. So when you hear two other Big Ten institutions increasing tuition to 3%, 4% on dollar magnitude, most of their students are paying more out of pocket than students at Nebraska," said Chris Kabourek, University of Nebraska's senior vice president and chief financial officer.
The board of regents will not vote on budget issues until June 22.