<p>I will be attending IUB for the next seven years.. Will the tuition ever reach$30,000... Hate Inflation!</p>
<p>Last year’s increase was about 5% to 6% for in-state students and 9% for out-of-state students.</p>
<p>The previous year it was about 6% for in-state and about 7% for out-of-state students. </p>
<p>The past two years the housing rate increases have been quite small (like 2%). This year, that is increasing fairly dramatically to about 7% or so. I’m hoping that this means that the tuition will be increasing at a slower rate as a result (as a tradeoff). </p>
<p>I think the new rates are decided in late May or early June.</p>
<p>The current rates can be found here:
<a href=“Paying for College: Student Central: Indiana University Bloomington”>Paying for College: Student Central: Indiana University Bloomington;
<p>The trustees are meeting today. I think it was originally thought that rates might be determined at their current meeting. I would not expect that though because the state failed to pass a budget. The state lawmakers will meet in a special session in June to pass a budget. IU must pass a new budget by 7/1.</p>
<p>GREAT. My mom called them on Monday to find out how much it would cost since I had to put a deposit to hold a spot. The woman in fin aid said it’s like this every year (she said she’s been there for decades) and she said it was expected to increase from 3-5% over the costs of this year. We think that’s too low, due to Indiana cities needing more state aid. </p>
<p>At our house, we’re working on the assumption that it will rise 10% next year.</p>
<p>R u kidding me? If you are instate, you maybe happy that the tuition is going up… but out of state students are dying here.</p>
<p>I wish I were kidding you. I live in Texas, so I’m an OOS student. My “GREAT” was sarcasm. There’s nothing great about costs rising that much and the school not even being able to tell us what it will cost before they expect us to send them a deposit. </p>
<p>Can you say “irresponsible?”</p>
<p>They need a new Board of Trustees!</p>
<p>These politicians are making me sick. They say they will lower the cost of education and what do we get from them once they are elected? </p>
<p>Obama better lower the tuition soon cuz alot of people I know voted for him so he makes college more affordable. </p>
<p>It’s ridiculous how much it costs to attend schools nowadyas.</p>
<p>swissmiss–In this instance it’s not the fault of the IU trustees. They cannot be expected to read the minds of the state representatives or read into the future as to what will happen with the state budget. The Indiana budget should have been adopted by now, but like many other states, the state House and Senate were unable to come to an agreement. The special session will meet in mid June. Would you prefer that the Trustees just pluck out some artificially high number so you can know today or would you prefer they do the responsible thing and wait to see what kind of funding they receive from the state? IU is NOT required to have a budget completed until June 30 as the new fiscal year begins July 7. </p>
<p>When you choose to attend a public OOS school, you also choose to be ready to deal with tuition increases that may be higher for OOS students.</p>
<p>rrah, You make some valid points that I didn’t think about. </p>
<p>The woman in the finaid office told my mom that this happens every year, and the woman said she’s been there since the early 1970s. Since they go through this every year, you would hope that something could be done to help solve the problem, since it’s not unique to this year. Can they change the fiscal calendar of the university so that they have the figures available earlier in the year for all their students? Other states may have a similar problem, but the public universities in other states I applied to have all told me their costs for next year. Indiana is the only one that doesn’t know.</p>
<p>I’m not a political science major-to-be, and don’t claim to know stuff like this, but it seems irresponsible to me that they have this very same problem every year and nobody has found a way to solve it.</p>
<p>I’m guessing the rates will be about 5% higher for in-state and about 7% for OOS–but it’s just an estimate.</p>
<p>As far as Obama and his promises, I understand that he and the Congress have raised (and more importantly, funded) this program so that the size of the Pell grants, which recently have been limited to about $4,050 per year will now be $4,850 for the coming year. </p>
<p>(The program had been raised so that theoretically, Pell grants could be $5,800 a year under Bush’s presidency, but the problem was that both he and the then current Congress, including the Democratic one, didn’t fund the program for over $4,050 per year.)</p>
<p>So, anyway, this is the “free” money that goes to families with income generally under $41,000 per year–90% of those who got Pell grants fell into this category.</p>
<p>Then there are federal Stafford loans. For dependent students, these can be as much as $5,500 in your first year, $6,500 in your second year, and $7,500 in each of your third and fourth and fifth, and even sixth year. For independent students, the numbers are $9,500, $10,500, and $12,500 instead. For dependent students, around 60% is guaranteed by the federal government, and for independent students around 40% is guaranteed by the federal government.</p>
<p>There are also Perkins loans and PLUS loans, but I don’t know all the rules on those, so I’ll quit now.</p>
<p>As you can see, unless you have extra money lying around, being an OOS student (or even an in-state one with parents who make over $40,000 but don’t have money saved for college) can create an economic hardship.</p>
<p>Calcruzer–</p>
<p>Why does the government give out all these grants and financial aid? If they just make the tuition more affordable, they don’t have to give out all these freebies. I don’t see the difference.</p>
<p>Well, there are private colleges and public colleges. While the various governments could lower the tuition at the public colleges, they have no control over the private college costs.</p>
<p>My guess is that these programs are designed to not only subsidize the public college costs, but also to subsidize the private college costs somewhat as well. </p>
<p>One has to remember that many of the members of Congress (and state legislatures) went to private colleges (such as Ivies and top-level LACs) that not only have large endowments, but that under the current situation would have students who receiving government subsidized, low-cost loans. This means that students who are attending schools like Harvard, Princeton, and Georgetown will get such loans or grants (when I think we can all agree that these schools could easily afford to subsidize these students’s cost of attendane directly from their endowments if they actually wanted to.)</p>
<p>Besides, getting people to agree that providing funds for education is a lofty, positive effort is easy. Sometimes, though, people don’t realize how large the cost is. </p>
<p>Here’s an example:</p>
<p>In the state of California, over 1/2 of the budget goes for education–that’s right, over half. So when we have a drop-off in revenue, you would think that spending in every area would have to drop similarly.</p>
<p>Here’s the budget numbers: (the budget for this year is in the fifth table down, third column over)</p>
<p><a href=“http://www.ebudget.ca.gov/pdf/BudgetSummary/SummaryCharts.pdf[/url]”>http://www.ebudget.ca.gov/pdf/BudgetSummary/SummaryCharts.pdf</a></p>
<p>As you can see, $49 billion out of the projected spending of $95 billion goes for education. But notice that this is a drop from the $51 billion spent this year, and is down even more from last year.</p>
<p>So, what is being done? There are two intiatives on the California ballot this month, put forward by the educators obviously, that requires no cuts in education. The argument is that we can’t afford to lay off teachers–and certainly no one wants to lay more people off in the local community when there are already so many people already out of work. </p>
<p>So where will the money come from–especially considering that California is facing a deficit of possibly $40 billion or more. Well, it is obvious that since revenues will be dropping, due to less spending, which means less sales tax revenues, this means that the cuts have to be made in the other areas–in California’s medi-cal program for seniors, in law enforcement budgets, in fire department budgets, in prison funding, in transportation, in housing and in the budget for the court system. Is this really what we want? To cut funding to police departments when there are more people out of work and more drugs coming into the country than ever before? To stop paying for medical for disabled seniors? Sometimes, people need to look at the big picture.</p>
<p>P.S. There is one other alternative, which is to raise taxes, but this would be exactly the opposite of what Obama wants (and needs) to accomplish. He wants people to be able to spend more, not less to get the economy going again.</p>
<p>Yeah, gogobet, in-state students really want tuition to go up. Nothing’s better then paying a couple thousand dollars extra to go to school.
Contrary to what you may believe, many in-state students actually want out-of-state students at IU because it makes the student body more diverse. I definitely don’t want to attend school with only students from Indiana.</p>
<p>Calcruzer, you’ve done a good job of illustrating how complex it can be to determine the budget for education.</p>