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University of Minnesota tuition hike approved

The University of Minnesota regents have included a 5 percent tuition hike for resident undergraduates and 8.2 percent for nonresidents in what's being called a "provisional" budget for next year, along with program cuts, wage freezes, and dumping a larger share of health care costs onto employees.

The tuition hikes are part of a recurring trend nationally that puts the screws on middle-class families.

The College Board reports that average tuition at a public, four-year U.S. university was about $2,800 in 1988. By 2008, that number climbed to about $6,500 a year--all while the median family income has stalled at $33,000. CNN published a chart recently to show the disparity:

The blue represents national median income. The red line represents tuition hikes.
The blue represents national median income. The red line represents tuition hikes.

At the U's Twin Cities campus, the tuition is even higher, roughly $4,897 per semester for in-state students last year, and $7,047 for out-of-state students.

The new budget passed 9-2 this morning.


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