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Monday, January 18, 2010

The Tuition Time Bomb | The Texas Tribune

The Tuition Time Bomb | The Texas Tribune:

"Even with the next legislative session a year away, state Rep. Dan Branch, chair of the Higher Education Committee, has been visiting college presidents, delivering a frank warning: Texas families can’t take any more big tuition hikes, and neither can the cash-strapped state bail out bulging college budgets.

Since 2003, when the Legislature deregulated tuition by allowing individual boards of regents to set prices for each school, tuition and fees at four-year state schools has skyrocketed by an average of 63 percent, from $1,934 per semester to $3,150 according to the last state figures, from 2008. At some schools, such as Stephen F. Austin, Prairie View A&M, and Texas A&M Galveston, the cost of an education nearly doubled in that five-year span."