The South Carolina House budget passed on Wednesday includes a provision that would end the freeze on in-state tuition at public universities in the state. Currently, the state provides funding to colleges in exchange for keeping tuition steady for in-state students. However, colleges have been asking for more money each year due to rising costs which makes the current model unsustainable. The new proposal would allow universities to raise tuition for incoming students, but the rate would be frozen at the freshman year level for the duration of the student’s degree. Supporters of the change argue that it is necessary to prevent significant tuition hikes for all students.
Many students, like Adedayo Adelakun from the University of South Carolina, have found the tuition freeze helpful for budgeting and financial planning. However, Governor Henry McMaster has opposed allowing tuition increases and has suggested a funding formula for colleges to request funding each year, which has received mixed reactions from institutions. The finalized budget will need to go through the Senate before being sent to the governor for approval. Overall, the proposed changes to in-state tuition in South Carolina are aimed at finding a sustainable solution to the rising costs of higher education while ensuring that students and families can plan for their expenses accordingly.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.