University of Minnesota tuition hike approved
The tuition hikes are part of a recurring trend nationally that puts the screws on middle-class families.
The College Board reports that average tuition at a public, four-year U.S. university was about $2,800 in 1988. By 2008, that number climbed to about $6,500 a year--all while the median family income has stalled at $33,000. CNN published a chart recently to show the disparity:
|The blue represents national median income. The red line represents tuition hikes.|
The new budget passed 9-2 this morning.