Saturday, November 7, 2009

Tuition scheduled to increase next year

Budget Committee Chair and Associate Professor of Economics Bob Williams said that there will be an increase in tuition for next year.
"Yes (fees) will go up," said Williams during a question and answer session at a Community Forum held Nov. 4 in Bryan Auditorium.
"The school is almost maxed out in terms of the number of students," said Williams. "We can't increase enrollment much more so we do have to increase fees to cover higher costs."
Randy Doss, vice president for enrollment services, said that tuition increases are almost inevitable for a school with only a small endowment.
Guilford pays about 80 percent of its yearly expenses with tuition income. The school's small endowment and tuition-driven budget place its fees within national trends for all colleges and universities.
...The College Board reported last month that private non-profit schools increased tuition an average of 4.4 percent this school year. Tuition increases for traditional Guilford students were higher than the national average for 4-year private colleges at 5.5 percent....
The Guilfordian
Guilford College, Greensboro, NC

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