Anyone else irked at the rising tuition rates?

<p>Here's the OOS tuition by year</p>

<p>2004-05 18500
2005-06 19500
2006-07 20500
2007-08 22500</p>

<p>It's been climbing 1000/year, now we climb 2000/year? Since I sent in my admissions deposit, tuition has climbed 3000 from what it was.</p>

<p>I'm wondering if this is a trend we're going to start seeing. I'd like to see the amounts that the tuition is increased by get smaller, not the opposite. </p>

<p>What attracted me to the school initially when I started researching it my Junior year summer was the low tuition and that if you got a Faculty award of 7000 (which is what the most qualified students typically get), it would only be a couple thousand more than a in-state university. Now it's not the case, and there is a bigger cost difference.</p>

<p>Here's an example: Say you are In-State in Missouri, and you're deciding between UMissouri-Columbia and Indiana for Business. Obviously Indiana has a superior reputation, but is it worth the difference in price? Missouri's price tag in-state 2 years ago was 6600, whereas Indiana's OOS with the 7K was 12500. It may have been worth it back then to pay the difference, which over 4 years was about 6000. Now look at it now: 15500 for Indiana, 7500 for Missouri. The difference is up to 8000. </p>

<p>I'm starting to think that we could be losing what was a big academic recruiting strong point. Indiana always had tuition that was 2-5K smaller than other Big Ten schools, in addition to generous Faculty Awards, which was one of the main reasons it stood out against similar schools such as Penn State, Illinois, Purdue, and Minnesota, who all have similar reputations but don't give out merit aid that is close to IU's to the typical applicant. Indiana would be several thousands cheaper than these schools. Now it's not the case.</p>

<p>Perhaps IU too sees that their reputation is getting exceedingly better and more students want to come to IU. They probably figure they can get that kind of money.</p>

<p>I agree, it is discouraging. Too bad they don't raise scholarships to match the tuition increase...</p>

<p>That's what I was wondering, you're raising tuition a bunch, yet you're not giving us more possibilities for financial aid? IU doesn't meet anywhere close to 100% of all applicant's need, they have no grants to give out to students who aren't minorities or have significant financial need. They are punishing the people who have difficulty paying even more. I understand raising fees, but when you raise fees, you need to raise financial aid, and that's not happening.</p>

<p>IU really needs to up its financial need/scholarship opportunities. I got very little locally because my family does not fit into the "need based" category even though we are not that well off. I am going to be paying some serious cash for the next for years so i would LOVE for more grants and scholarships that us middle income families can have a chance at getting. I don't know it just frustrates me to all heck</p>

<p>I am with you both on this. IU did not meet our need at all. My husband and I have been working lots of overtime hours to pay the cost of IU, along with our son taking out loans. We are trying to keep his loans at a manageable level, as he is a music major and not likely to make big bucks after graduation. He did apply for the IU Foundation Scholarships again this year, but that only gained him $500 last year. We are hoping for more, but not holding our breath.</p>

<p>Wolves, did you apply for the Foundation scholarships?</p>

<p>I didn't, I wasn't really looking into scholarships. I'll check them out.</p>

<p>As I wrote in an earlier thread:</p>

<p>Seems like there is just nowhere (of high quality) that is easy to afford when looking at out-of-state tuition. Comparing the $22,316 that Indiana University at Bloomington will be charging for out-of-state students this coming year (and which excludes additional fees of at least $400 or so) to some other Big 10 schools' OOS tuition next year :</p>

<p>Univ of Michigan: $29,000 (Freshman/Soph), $31,000 (Junior/Senior) (excludes fees)
Univ of Illinois: $21,000 (but $26,000 if majoring in business) (excludes fees)
Ohio State University: $20,500 (excludes fees)
Univ of Minnesota: $21,000 (includes fees) (but these are 2006-2007 rates--and are for 26 units per year only--additional fees are charged for additional units)--this is likely to go to $23,000 after they make their yearly adjustment.</p>

<p>On the other hand, these are quite low compared to some top private schools (NYU, Georgetown, USC, Boston College, Boston University) and OOS tuition at other top publics (Univ of California at Berkeley, UCLA, and Univ of Virginia).</p>

<p>It is amazing how expensive college costs are. But then I'm amazed at how housing prices and medical costs have gone up also.</p>

<p>
[quote]
On the other hand, these are quite low compared to some top private schools (NYU, Georgetown, USC, Boston College, Boston University) and OOS tuition at other top publics (Univ of California at Berkeley, UCLA, and Univ of Virginia).

[/quote]
</p>

<p>That's true, but you need to remember that most top private schools fill 100% of financial need (Georgetown does, BC does, USC fills very close), and if they don't fill 100% of need, they typically gap much less than top publics do. For the middle class (incomes 50-100K), private schools tend to be a much better value than top OOS publics. Virginia and North Carolina are exceptions - both fill 100% of all applicants need.</p>

<p>Just now, as I was reading this thread, my son called (away in California at a music program). He just checked his email and was awarded a $1000 scholarship from one of the IU Foundation groups. He doesn't know if it is possible to get more than one from them, but even if it isn't, that is twice what he got last year, so he is pleased. (And so am I!) He also has $4000 a year from the music school and an outside scholarship of $500 from his dad's union. Every little bit helps!</p>

<p>And A2Wolves6, yes, private universities are often much more generous with need-based aid. Our first son had an excellent need-based scholarship from Stanford and graduated with only $7,250 in debt. My IU son will not be so lucky--he will have more than that after 3 years and would have had much more had he accepted all the loans he was offered.</p>

<p>Unfortunately, annual tuition hikes at every university are to be expected. </p>

<p>This thread peeked my curiousity about how much difference there was going to be this year between my son's OOS tuition at IU and what he would have paid at the University of Illinois in-state. The only tuition quotes I could find on the UIUC website were for the 2006-07 school year (probably because our illustrious Governor and legislature still can't get their act together and pass a budget-- but that's a whole other thread!)</p>

<p>Anyway, at UIUC last year's instate tuition and fees + business school surchage was $13,428. IU's 2007-08 tuition and fees + business school surcharge is $23,395. If you subtract out the $9K in scholarships he has received, he is left with $14,395 to pay. It is a safe bet that UIUC's figure will go up for 2007-08, so this year at least is a wash between the 2 schools.</p>

<p>Since IL freezes instate tuition for the four years you are in school, it also seems safe to say that the gap will widen as IU's tuition continues to increase. However, if the IU increases stay in the 1-2K range, the difference shouldn't be too great. </p>

<p>It would be fantastic if the faculty awards that the school uses to entice OOS students would increase as the tuition goes up, but I'm not holding my breath on that one. I only recall one school that my son applied to that guaranteed that the scholarship for OOS would increase along with any tuition increases. That was the University of Iowa.</p>

<p>"Seems like there is just nowhere (of high quality) that is easy to afford when looking at out-of-state tuition."</p>

<p>Although I agree that tuition increases are out of hand, it's not completely impossible to find good deals among state schools for non-residents. My daughter is a non-resident at Kansas State. Her non-resident tuition, fees, room and board (suite style room with private bath) for the fall semester are about $9,500, less $4,500 in merit scholarship aid that K-State awarded her. By the way, that's an increase over the previous year of only about 3%. That makes K-State less expensive than it would be for D to attend our in-state public, the University of Connecticut. Although UConn's overall academic ranking is higher than K-State's, for D's major (animal science/pre-veterinary medicine), K-State's program is very well regarded. In short, I think that there are good deals out there for non-residents at some public schools, but it helps if your son or daughter is a strong student and is committed to a particular major.</p>