Planned increases in higher education funding in Illinois will not benefit students. Although tuition at colleges will be 12 percent higher in 2012 than it was in 2009, extra funding provided to the state will be used to pay for pension plans for lecturers and university administrators at state colleges, reports the Huffington Post.
The planned increase in tuition will be the second rise in less than a year. Some critics have said that the money should be used to benefit students filling out college applications in the state and individuals already studying at state colleges.
Al Bowman, president of Illinois State University, blamed decreasing federal funding for the tuition increases. He added that public higher education funding in the state is at a 25-year low.
"Unfortunately, we’ve reached a point where it is extremely difficult except for the most affluent families to pay the entire cost of a college education themselves," Bowman told WJBC News.
Despite the plans for tuition increases, don't be discouraged from applying to state universities. There are many financial aid programs available to help you pay for the cost of your degree, and a college education can be a valuable asset in today's job market.
Tags: college applications