guess the tuition hike

<p>GT proposed cuts start at page 10:
<a href="http://www.usg.edu/fiscal_affairs/documents/summary_of_reductions.pdf%5B/url%5D"&gt;http://www.usg.edu/fiscal_affairs/documents/summary_of_reductions.pdf&lt;/a&gt;&lt;/p>

<p>but there will be a major tuition hike to offset some of these cuts.</p>

<p>I'll start the bidding at 20%? Will only hit out-of-staters in the Fall class at first but will bankrupt HOPE pretty quickly.</p>

<p>Also, it mentioned that there is possibility of 20% reduction of total admission students and severely reduce number of transfer students. On the same report, UGA reduce 500 freshman and 1000 transfer admission. If the same ratio applied to Ga Tech, freshman students probably reduced by 200 and transfer students probably reduce from 700 to 300.</p>

<p>As far as tuition goes, Ga Tech out of state tuition are on par with other competitive public universities. At $25,600 tuition + fees, I doubt 20% is in the card. If they do that, they will lose many out-of-state students. </p>

<p>Of course, all those purposes are not finalize until April time frame. Still, my guess is that transfer students will have very tough time to get in Ga Tech in the near future.</p>

<p>It would probably be best if you refrained from mere speculation on something as important to prospective students as the cost of tuition. The current proposed budget cuts do NOT include any increase in tuition, and although it is almost certain that tuition will go up, it is far too early to start throwing numbers like 20% around(or any numbers). Before tuition for next year is assessed, the legislature must finalize the budget cuts and the regents must decide how and to what extent tuition will be used to offset the cuts.</p>

<p>

</p>

<p>The plan you linked required no increase in tuition or fees. Besides, an increase in tuition would be counterproductive since that money comes from the HOPE already for many/most Tech students.</p>

<p>It was just an exploratory exercise. The governor needs to cut the budget, and he wanted to know what the cost was to lean on the USG for more reductions. Judging by the response of the schools, he’s not going to get any more reductions without major blood shed (jobs lost), so it’s doubtful he’ll lean on the schools, which only make up 12% of the state budget. </p>

<p>I think he was just hoping one of the schools would come back and say “well, we can shut down the school’s sprinklers 2 days / week and save $300 million” or some other no-brainer cost saving idea that could get him out of a jam.</p>

<p>Sorry guys, but 20% is a conservative low ball estimate, not speculation. The “chance me” threads- that is speculation.</p>

<p>Round 1 was how much of a tuition hike (by itself) it would take to make up the gap- answer 77%.</p>

<p>Round 2 was the link above- what are the cuts in the <em>absence</em> of any tuition hikes. Carpet-bombing to prepare for a tuition increase.</p>

<p>Round 3 is currently ongoing, identifying top 7 strategies to make up the gap and hoping for some relief on the magnitude of the (additional) cuts. Top 3 proposed ideas are:

  1. raise tuition system-wide by 35%- this would only cover half the deficit
  2. discontinue fixed-for-four for those with their tuition rates locked in
  3. levy a $1000 fee for everyone that is <em>not</em> covered by the Hope
    the other 4 are additional cost savings measures like cutting salaries again, combining institutions, shortening the semester, etc. that are small beans in comparison to increasing revenue</p>

<p>This is all from the Chancellor of the University of Georgia System.</p>

<p>Remember, States have no option not to balance the budget and it is unlikely that you will see any real tax increases in an election year in Georgia.</p>

<p>

</p>

<p>States are free to run a deficit. Look at NY and CA for examples. It’s GA that has a state allow not allowing a deficit.</p>

<p>

</p>

<p>That was a back of the envelope calculation by the Chairman across the entire system. Unlike the majority of schools, Tech only receives 40% of it’s income from tuition + state funding, so the GT increase to cover the cut would not be nearly as severe as a place like Georgia Southern, where tuition + state funding is close to 100% of income. </p>

<p>In fact, you can back-of-the-envelope calculate it. The system, under the worst possible case, has to cut $600 million. The system has already reduced by $298 million. So, ballpark $300 million deduction. Of that, Tech’s share is $19 million. Divide by 17,000 students, and you get a tuition increase of $1100. And that’s the worst case.</p>

<p>

</p>

<p>That was posturing by the USG. The State wants to know how far the USG system can go in making cuts. The hope was that there was something easy that could be done with relatively low impact to education (much like USG did for the first $298 million). The schools came back with a warning that anything else cut will decrease the quality of the schools’ offerings. </p>

<p>

</p>

<p>This won’t fly. An increase of that much would be more than HOPE would be able to handle.</p>

<p>

</p>

<p>I think this has a good chance of happening.</p>

<p>

</p>

<p>The current fee is $400, so this is just an increase. I think the legislature will see a severe backlash if they try this.</p>

<p>More likely is an increase in the qualification requirements for HOPE and some satellite campuses (particularly at UGA) being shut down. USG is only 11% of the State budget. I doubt they will effectively be able to force it to cover 60% of the State deficit.</p>

<p>

49 states have some form of a balanced budget requirement, but a few have gamed their own systems and have been caught out.</p>

<p>

The Georgia research universities all have the same basic tuition: Georgia State = Georgia Tech = UGA. They will all move up together. There is less to cut at the regional and below levels without laying off tenure-track faculty, and that is not going to happen.</p>

<p>

$19 million was the cut for the original budget cuts. This is an additional cut of $38 million to bring the total to $57 million, or $3300 per student per year by your math (and I am not sure if the $57 million impact to GT captures the expiring federal stimulus).</p>

<p>

</p>

<p>At the regional schools, most of the faculty are not tenure-track, but rather just on contract, so they could be fired. But I don’t think it would come to that. Instead, you’d see programs being cut and campuses merged. For example, why do you need GT-Savannah and Armstrong Atlantic? Merge the two and cut out the overhead of the other. Why does Tifton, GA (population: 15,000) have two USG agricultural colleges (Abraham Baldwin Agricultural College and UGA-Tifton)? The two schools are next door to each other but have two separate administrations, facilities, and faculty.</p>

<p>So you’d cut those programs, then start cutting other things. 4-H, all of the middle school field trips to the local colleges, ESL classes, etc. Those are all things they would do before massive (greater than 5%) tuition increases.</p>

<p>

</p>

<p>That’s not how I read it. The USG system cut around $300 million from the planned FY2010 budget. The Legislature, in preparing the FY2011 budget, has asked the USG system to run some hypotheticals:

  • What if the cut is $600 million and tuition doesn’t increase
  • What if the cut is $600 million and only tuition increases
  • What if the cut is $600 million and tuition and fees increase
  • What if the cut is $300 million and we made it permanent, etc.</p>

<p>The FY2011 cut would be a total of $600 million from planned, or $300 million more than was cut in FY2010. I don’t think the legislature is asking for $600 + $300 = $900 million cut from budget (around 50%). </p>

<p>The whole thing is a bunch of posturing. The State is going to cut funding, the question is: “Where?” So the legislature goes to each department in the Executive Branch and says “what if you had to cut budget 30%?” Each department gives a response, then then the Legislature looks at each response, and picks the options that are the least painful. Each department knows this, so they want their cuts to seem as bloody as possible so they’re passed over.</p>

<p>Good news</p>

<p>[Governor</a> hammers Legislature for talk of big college cuts | Gold Dome Live](<a href=“http://blogs.ajc.com/gold-dome-live/2010/03/04/governor-hammers-legislature-for-talk-of-big-college-cuts/?cxntfid=blogs_gold_dome_live]Governor”>http://blogs.ajc.com/gold-dome-live/2010/03/04/governor-hammers-legislature-for-talk-of-big-college-cuts/?cxntfid=blogs_gold_dome_live)</p>