Categories: US NewsWisconsin

University of Wisconsin seeks $855 million in additional funding to prevent tuition increases

Universities in Wisconsin are seeking approval from their regents for an $855 million increase in state funding. This funding is intended to prevent further tuition hikes, provide salary raises, support tuition subsidies, and maintain the operation of two-year branch campuses in some capacity.

President Jay Rothman announced during a Zoom press conference that the administration will present this funding request to regents for approval on Thursday as part of the 2025-27 state budget process. The current annual tuition and fees at the University of Wisconsin-Madison for in-state undergraduates amount to $11,606, with the total cost of attendance per year reaching approximately $30,000, including accommodations and other expenses.

If regents endorse Rothman’s proposal, it will proceed to Governor Tony Evers for possible inclusion in the executive budget plan submitted to lawmakers for budget deliberations. Evers has expressed intentions to suggest over $800 million in new funding for UW in the upcoming two-year spending plan.

The UW system has faced financial challenges due to decreasing enrollment and stagnant state aid, leading to a heavier reliance on tuition revenue. Six of the system’s 13 four-year campuses are projected to have a deficit this academic year, and closures of six two-year branch campuses have been announced since last year.

A substantial portion of the system’s revenue is derived from tuition, with only 17% originating from state funding according to the Legislative Fiscal Bureau. Rothman aims to allocate the additional funding towards an 8% salary increase for faculty and staff over the biennium.

Furthermore, the proposed funding increase would support the Wisconsin Tuition Promise program, which covers tuition and fees for lower-income students starting in 2026. Eligibility for the program is set for students from families earning $71,000 or less.

An injection of state funds not only has the potential to expand tuition subsidies and finance salary raises but it could also aid in the preservation of two-year branch campuses, Rothman noted. Despite potential financial support, Rothman suggested that the missions of these campuses may evolve towards graduate programs or adult education due to declining enrollment trends.

@USLive

Recent Posts

Severe US weather: From fire risks to blizzards

In a fraught weather spectacle, intense storms swept through Oklahoma, Texas, and other regions, causing…

8 minutes ago

Trump to Address Congress Amidst Divided Nation

In Washington, President Donald Trump is set to address Congress and the American public, outlining…

11 minutes ago

Trudeau Criticizes Trump’s Trade War with Canada

TORONTO — During a charged press briefing, Canadian Prime Minister Justin Trudeau described American tariffs…

13 minutes ago

Zelenskyy calls meeting with Trump unfortunate, seeks Ukraine peace

KYIV, Ukraine — In the wake of a discordant meeting with U.S. President Donald Trump,…

14 minutes ago

China Sets 2025 Growth Aim at 5%

BEIJING - China has announced an economic growth target of "around 5%" for 2025 despite…

24 minutes ago

Arab Nations Support Egypt’s Gaza Redevelopment Plan

CAIRO — Arab leaders convened in Cairo on Tuesday to support Egypt's ambitious plan for…

25 minutes ago