Concerns that skyrocketing costs may be driving many Virginia families away from higher education prompted state lawmakers to mandate a study to discover which factors are making tuition and fees so expensive.
In its second in a series of reports, the Joint Legislative Audit and Review Commission broke down the costs of non-academic university services, including athletics, recreation centers, housing, and dining.
On average, college graduates rack up more than $26,000 in student loan debt by the time they’re out of school, and if Congress fails to act, the federal interest rate on those loans will double July 1st.
To try and get their message across to lawmakers, Virginia Young Democrats and student leaders from Old Dominion University and George Mason University are asking Congressmen Frank Wolf and Scott Rigell to stop the rate hike from happening.
Stories about political pressure on state universities to hold down tuition and some movement toward offshore wind energy development were among the most clicked this past week at the Virginia Public Access Project’s VaNews link on vpap.org.
VaNews is a free public service of the Virginia Public Access Project and can be found at vpap.org.
Governor Bob McDonnell issued a letter earlier this month urging college presidents and boards to hold the line on in-state tuition.
The plea was repeated Thursday by the University of Virginia’s Rector Helen Dragas, but the board of visitors voted 14 to 2 to increase tuition and fees by 3.8% or about $450 for in-staters and 4.8% -- just over $1,800 for students from other states.
The board approved even bigger tuition and fee hikes for students in the law, business, engineering and medical schools.