U of L to raise tuition by 2 percent for 2020-2021 Monday, Jul 6 2020 

By Madelin Shelton–

In response to the financial strain on the University of Louisville by the COVID-19 pandemic, the university has announced it will raise tuition rates for students by 2 percent.

The financial fallout of the coronavirus was predicted to create a $39,000,000 shortfall for U of L’s 2020 fiscal year . As a result of swift action, including employee furloughs, salary decreases and other cost-saving techniques, the university was able to achieve a balanced budget for the fiscal year.

However, COVID-19 is expected to cause a potential $82,000,000 negative budget impact in the next fiscal year. Among other strategies for making up the financial shortfall, U of L has decided to implement a 2% increase on tuition prices.

This comes as universities across the state have chosen to issue tuition freezes to further protect students from the drastic financial impact of the COVID-19 pandemic.

Kentucky universities who have chosen to freeze tuition include: Northern Kentucky University, Kentucky State University, Morehead State University, Murray State University and Western Kentucky University.

John Karman, U of L’s director of media relations, said that tuition will rise $117 from the 2019-2020 rate of $5,866 per semester to $5,983 per semester.

“The university has been forced to use a number of levers to address the significant financial crisis caused by COVID-19. For fiscal year 2020, those levers included salary cuts, furloughs and reductions to employees’ retirement funds,” Karman said.

“For fiscal 2021, levers include the modest tuition increase and continued reductions to employee retirement contributions, among other cuts,” he continued.

When asked if the university’s administration was concerned with how this rise in tuition would impact students already struggling with the financial strain of higher education, Karman said that they were. He said the university plans to continue expanding its financial aid pool while dropping the cost of online courses to match the cost of in-person instruction.

Graphic by Joseph Garcia // The Louisville Cardinal 

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Surprise: Tuition’s Up Again Friday, Aug 23 2019 

By Shelby Gardner —

The University of Louisville’s tuition has increased yet again this year. On June 13, the board of trustees officially approved the long anticipated 2.5 percent increase, the maximum amount allowed to be raised in a year under state law.

This means that for full time undergraduate students, it will add an extra $268 for in-state tuition, and $676 for out-of-state students.

Sidney Garner, a junior double majoring in women and gender studies and pan-african studies, said “Tuition rises, but the quality of education stays the same.”

In addition, online courses, which usually stay the same while in-person tuition increases, will jump 8.7 percent in cost. That adds about $42 per credit hour. U of L’s online programs have become more popular over the past six or seven years, officials told trustees at a committee meeting in May.

For students that have to pay their own way, these increases might be the equivalent of being able to afford a month’s rent, a grocery trip or even books.

According to Insider Louisville, this raise is to cover a 2 percent raise for faculty, and not for state funding cuts.

The administration got the University in a situation that pitted faculty against students and they chose faculty.

President Neeli Bendapudi said this increase is intended to strengthen morale in our faculty and keep our university competitive.

This funding, with proper budgeting, could have been taken out from the money we get from the state or our alumni. Perhaps alumni are pulling out of funding U of L because of the countless sports scandals.

The carelessness of our teams and those in charge of them have repercussions all the way down to strictly academic students. When alumni decide that their money isn’t well spent by investing back into the university, everyone loses.

The tuition increase is not exclusively a U of L problem, it’s a nationwide problem and has long term consequences. Colleges everywhere simply have tuition rates that are unreasonable and this affects the future of our city, our state and our country.

It is unfair to gate keep information from the general public just because they can’t afford it. Online courses and community colleges are one solution to this problem, but it is certainly not a one-size-fits-all solution.

When the nation as a whole is less educated, there is more discourse and violence. We cannot expect a brighter future if we only allow the best education to go to the wealthiest part of the population.

File Photo / Louisville Cardinal

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