The University of Louisville is the latest state school to increase tuition—as my colleague Jake Ryan reported Thursday, UofL students will pay 5 percent more in 2014-15.
Kentucky’s state colleges have endured budget cuts in recent years, including a 1.5-percent cut for the upcoming fiscal year. Following Gov. Steve Beshear’s budget proposal—which proposed a deeper 2.5-percent cut—WFPL’s Devin Katayama wrote that state colleges were expect that tuition increases will go to fixed costs: electricity bills and employee healthcare, for instance.
So now comes the time for those tuition decisions. The state Council on Postsecondary Education capped college tuition increases at 8 percent total over the next two years, with no more than 5 percent in any given year. As Kentucky’s colleges make their 2014-15 tuition increase decisions, let’s take a look at tuition increases over the past few decades. The graphic below starts in 1986 and goes through this academic year.
If you’re having trouble seeing the graphic, go here.
In short, UofL tuition in 2003-04 was $4,450, according to the data from the CEP. At Eastern Kentucky University, tuition was $3,358.
In 2013-14, UofL tuition was $9,946 and EKU tuition was $7,536.
UofL’s tuition will be $10,236 next school year.