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Virginia Politics
Posted at 06:00 AM ET, 08/10/2012

Virginia college tuition hike hits decade low

Students heading back to Virginia public college campuses this fall can look forward to the smallest tuition hike in a decade.


Gov. Robert F. McDonnell (R) (Nikki Fox - AP)
Gov. Robert F. McDonnell (R) announced this week that the average tuition increase at state colleges and universities this year is 4.1 percent. Tuition at those institutions has nearly doubled over the past 10 years and rose 7.9 percent last year.

“We ran on a commitment to making college more affordable and accessible for Virginia students. Now, we are turning that policy proposal into tangible results for Virginia parents and students,” McDonnell said. “Too many Virginia students graduate from college with significant debt, making the high cost of a college education both a deterrent and an ongoing financial burden. This year’s reduced tuition increases, however, will help make higher education more affordable and more accessible for Virginia students and their families.”

McDonnell shared credit with the General Assembly, which allocated $230 million in additional general fund support to higher education in over the next two years.

“The 91 percent increase in tuition and fees over the last 10 years in Virginia is unacceptable and this year, through the collaborative work of the General Assembly, college presidents and Governor McDonnell, we have seen schools significantly rein in tuition increases,” said House Majority Leader M. Kirkland Cox (R-Colonial Heights). “As students and their parents prepare for the coming school year, this is yet another sign that Virginia remains serious about making higher education affordable and accessible for our citizens.”

By  |  06:00 AM ET, 08/10/2012

 
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