“So is he who lays up treasure for himself, and is not rich toward God.”
Earlier this week, the U.T. Board of Regents received a presentation about the pending system-wide tuition hikes:
To that end, the Board of Regents, meeting in Galveston on Wednesday, discussed the Austin flagship’s proposal to raise academic charges $304 per semester, or 6.2 percent, by fall 2017. The regents also considered increases sought by the UT System’s other academic and health campuses, but they didn’t take a vote. That likely will happen before the end of the month, and at this juncture there appears to be little doubt that some sort of increase will be approved for UT-Austin and the other campuses.The Regents heard the presentation, but didn't actually vote; according to the System's press release:
“Most of our tuition and fees are at or well below the national averages,” said system Chancellor Bill McRaven, who strongly endorsed the proposed increases.
A few regents asked pointed questions. Regent Alex Cranberg wasn’t thrilled by McRaven’s reference to how much the increases per semester for the various campuses work out to on a daily basis.
“How about 7 cents a minute?” Cranberg said. “It feels like we’re getting sold something.”
Regent David Beck wondered whether campuses could do more to cut costs.
The Board of Regents is expected to vote on the proposals later this month.[Sidenote: If you're interested in a HILARIOUS example of political spin, the entire press release is worth a read.]
In other words, they ran away to Galveston to hear the tuition presentations while the actual vote will take place in a special called meeting via conference call.
Bottom Line: While everything they've done complies with the relevant laws, the fact that they couldn't hear the presentation and take a vote at a regular meeting IN AUSTIN (where it's easy to cover) tells you everything you need to know about the unpopularity of this tuition hike....