Thursday, November 24, 2011

Florida universities turn to market rate tuition to make money - Florida News-Press

Desperate for money after years of budget cuts from the state, universities are increasingly turning to out-of-state and online students to bring in more revenue. Through a pilot market rate tuition program, universities are able to charge different tuition rates for online and continuing education master's degrees and certificate programs. In most cases, this means a higher tuition rate than what was charged before. Money from this tuition is used to help support other college or university programs. University presidents say they want the power to set market rate tuition for more than just online and continuing education programs in the future, citing a need to bring in more money and offer tuition closer to the national average.