STILL PENDING: Branstad Talks Tuition Freeze
Governor Terry Branstad is stopping short of embracing a tuition freeze for state school students.
The Board of Regents has endorsed a plan to keep next year’s tuition rate the same as this year’s. The freeze would apply to in-state, undergraduate students only. This is the first endorsement of its kind in three decades.
However, the board said the freeze is only possible if the legislature approves a nearly 3 percent funding increase.
Governor Branstad says he needs to wait for a report on state tax revenue and a few other items before putting together his own budget plan.
“I certainly want to see controlled increases. We had modest increases last year, I want to keep modest increases this year, make higher education affordable; in line with what inflation is for higher education, which is considerably lower than it used to be.”
Last year the legislature increased funding for regents institutions by 4 percent.