Rutgers University to raise costs for tuition, fees, meals and housing

[T2Kplus20]

Wow, big increases across the board, but hey, had to feed the union overlords:

Rutgers University to raise costs for tuition, fees, meals and housing

The increases are part of a $5.4 billion budget unanimously approved by the board for the upcoming 2023-24 school year.

www.politico.com

Rutgers University on Monday approved increasing student tuition and fees by 6 percent each.

The university’s Board of Governors also approved raising meal plans by 7 percent and student housing by 5 percent. That means the typical in-state arts and sciences undergraduate will pay an average of $387 more per semester for tuition, from $6,450 to $6,837. Mandatory fees will increase about $100 per semester for those students, according to the university.

 

[newell138]

Wow. That’s a huge hike.

 

[koleszar]

Somehow Athletics will be blamed for this. I can already hear Killingsworth and Hughes who are on every media outlet's speed dial.

 

[ClassOf02]

I mean, everything else in life has gotten more expensive over the last 3+ years, in many cases way more than 6%. Not entirely surprising.

 

[T2Kplus20]

Somehow Athletics will be blamed for this. I can already hear Killingsworth and Hughes who are on every media outlet's speed dial.

Star Ledger is calling them now.

 

[newell138]

I mean, everything else in life has gotten more expensive over the last 3+ years, in many cases way more than 6%. Not entirely surprising.

The cost of college has gone up a lot more in the last 40 years than anything else. It’s 5X what it cost in 1985 for RU

 

[T2Kplus20]

The cost of college has gone up a lot more in the last 40 years than anything else. It’s 5X what it cost in 1985 for RU

The consequences of student loans for everyone. When the customer isn't directly paying the bill, there is no incentive to keep costs down. Same thing with healthcare and health insurance.

 

[RUBlackout7]

Wondering what the students who were striking are thinking right now

 

[newell138]

Wondering what the students who were striking are thinking right now

That they need to work their summer jobs until September now

 

[tom1944]

What is the cost of attending inclusive of tuition, room and board and fees?

I am using the RU cost as my basis of what to save in my granddaughters 529

 

[newell138]

What is the cost of attending inclusive of tuition, room and board and fees?

I am using the RU cost as my basis of what to save in my granddaughters 529

About 30K

 

[Chaiya1]

Wow, big increases across the board, but hey, had to feed the union overlords:

Rutgers University to raise costs for tuition, fees, meals and housing

The increases are part of a $5.4 billion budget unanimously approved by the board for the upcoming 2023-24 school year.

www.politico.com

Rutgers University on Monday approved increasing student tuition and fees by 6 percent each.

The university’s Board of Governors also approved raising meal plans by 7 percent and student housing by 5 percent. That means the typical in-state arts and sciences undergraduate will pay an average of $387 more per semester for tuition, from $6,450 to $6,837. Mandatory fees will increase about $100 per semester for those students, according to the university.

Not surprising. They’re running a $75 million deficit.

 

[ruinac]

Who knew that inflation would drive prices up?

 

[Morrischiano]

Still a bargain for in-state kids who are above average academically.

 

[T2Kplus20]

Not surprising. They’re running a $75 million deficit.

Good grief, a deficit? $5.4B isn't enough for RU? LOL!

 

[mdk01]

I mean, everything else in life has gotten more expensive over the last 3+ years, in many cases way more than 6%. Not entirely surprising.

Asking this question, what were the increases in '21 & '22? If there was a 2 year freeze this would. be justified. I suspect that this is not the case. This will continue until universities are on the hook financially for student loan defaults. If they don't have exposure they'll build a climbing wall and jack up tuition 3-5% every year.

 

[T2Kplus20]

Asking this question, what were the increases in '21 & '22? If there was a 2 year freeze this would. be justified. I suspect that this is not the case. This will continue until universities are on the hook financially for student loan defaults. If they don't have exposure they'll build a climbing wall and jack up tuition 3-5% every year.

Student loans amounts should be linked to job prospects.....based on majors and track records of university grads. They need some skin in the game.

 

[NickRU714]

I guess athletes really don't need NIL afterall.
They are getting a 6% raise in the "payment" they are already receiving.

 

[NealPageNJ]

Still a bargain for in-state kids who are above average academically.

No it’s not.

 

[NealPageNJ]

That’s a big cost hike. Ouch.

 

[jtung230]

Wow, big increases across the board, but hey, had to feed the union overlords:

Rutgers University to raise costs for tuition, fees, meals and housing

The increases are part of a $5.4 billion budget unanimously approved by the board for the upcoming 2023-24 school year.

www.politico.com

Rutgers University on Monday approved increasing student tuition and fees by 6 percent each.

The university’s Board of Governors also approved raising meal plans by 7 percent and student housing by 5 percent. That means the typical in-state arts and sciences undergraduate will pay an average of $387 more per semester for tuition, from $6,450 to $6,837. Mandatory fees will increase about $100 per semester for those students, according to the university.

No inflation right?

 

[jtung230]

That’s a big cost hike. Ouch.

More reason for parents to sent their kids to out of state schools because it’s so expensive at RU.

 

[mdk01]

No inflation right?

Inflation over the last 12 months was less than 6%.

 

[RUskoolie]

Nice. Glad to see the BOG had some stones on them. I personally encouraged President Holloway to do this.

We don't get a pat on the back from anyone for keeping tuition flat for a few years while inflation runs rampant and while we have a bloody balance sheet from shutting down the school during COVID.

Whoever will complain about it in the media will complain about us no matter what.

 

[RUskoolie]

Asking this question, what were the increases in '21 & '22? If there was a 2 year freeze this would. be justified. I suspect that this is not the case. This will continue until universities are on the hook financially for student loan defaults. If they don't have exposure they'll build a climbing wall and jack up tuition 3-5% every year.

Pretty sure they were flat for a few years or very minimal bumps. This was long overdue.

 

[T2Kplus20]

Inflation over the last 12 months was less than 6%.

+1
Much, much less.

 

[Morrischiano]

No it’s not.

Huh?

RU is ranked #55 in USNR. Let's say tuition and fees are $17K. Other schools with similar rankings:

Maryland costs $40K for NJ kids.

Villanova costs $60K

Miami costs $55K

Syracuse costs $60K

FSU costs $23K

Minnesotta costs $35K

Pitt costs $36K

 

[Morrischiano]

More reason for parents to sent their kids to out of state schools because it’s so expensive at RU.

RU is ranked #55 in USNR. Let's say tuition and fees are $17K. Other schools with similar rankings:

Maryland costs $40K for NJ kids.

Villanova costs $60K

Miami costs $55K

Syracuse costs $60K

FSU costs $23K

Minnesotta costs $35K

Pitt costs $36K

 

[Proud NJ Sports Fan]

Wow, big increases across the board, but hey, had to feed the union overlords:

Rutgers University to raise costs for tuition, fees, meals and housing

The increases are part of a $5.4 billion budget unanimously approved by the board for the upcoming 2023-24 school year.

www.politico.com

Rutgers University on Monday approved increasing student tuition and fees by 6 percent each.

The university’s Board of Governors also approved raising meal plans by 7 percent and student housing by 5 percent. That means the typical in-state arts and sciences undergraduate will pay an average of $387 more per semester for tuition, from $6,450 to $6,837. Mandatory fees will increase about $100 per semester for those students, according to the university.

Didn’t they save $ with “distant learning”?

 

[NealPageNJ]

Huh?

RU is ranked #55 in USNR. Let's say tuition and fees are $17K. Other schools with similar rankings:

Maryland costs $40K for NJ kids.

Villanova costs $60K

Miami costs $55K

Syracuse costs $60K

FSU costs $23K

Minnesotta costs $35K

Pitt costs $36K

Costs more than 30k a year to attend. None of those other schools are collecting taxes from NJ families. Many of those colleges will provide funding to get high end NJ kids. Rutgers is less than likely. Rutgers does not set itself up well at all when it comes to in state kids.

 

[Knight Shift]

Costs more than 30k a year to attend. None of those other schools are collecting taxes from NJ families. Many of those colleges will provide funding to get high end NJ kids. Rutgers is less than likely. Rutgers does not set itself up well at all when it comes to in state kids.

Collecting taxes? Bwa ha ha ha .

 

[NealPageNJ]

Collecting taxes? Bwa ha ha ha .

Yeah. State schools in other states are far less expensive for in state students because the “collected taxes” in the state also help keep tuition down. Including some of those that were listed. Not sure why that is funny. The idea that RU is some amazing deal for in state families just isn’t true. Many families are finding better tution for similar school quality out of the state. Heck, I think many would find that Rutgers has been caught or surpassed by Rowan in this area.

 

[RU Cheese]

Yeah. State schools in other states are far less expensive for in state students because the “collected taxes” in the state also help keep tuition down. Including some of those that were listed. Not sure why that is funny. The idea that RU is some amazing deal for in state families just isn’t true. Many families are finding better tution for similar school quality out of the state. Heck, I think many would find that Rutgers has been caught or surpassed by Rowan in this area.

I agree with you until the Rowan comment. That's just not true.

 

[RU205]

My daughter starts at RU in September and it will cost me about $35K per year. Similar out of state schools were $50K+ and some out of state private schools were $70K+. Other instate schools were $50K+ but with the scholarship offers the total cost was similar to $35K a year. The instate school (she didn't apply to Princeton) tried to lower their cost to match RU but RU is a better school than the other in state options, for a better or similar price.

 

[Proud NJ Sports Fan]

My daughter starts at RU in September and it will cost me about $35K per year. Similar out of state schools were $50K+ and some out of state private schools were $70K+. Other instate schools were $50K+ but with the scholarship offers the total cost was similar to $35K a year. The instate school (she didn't apply to Princeton) tried to lower their cost to match RU but RU is a better school than the other in state options, for a better or similar price.

State Universities should not be costing families $35k per year.

It’s outrageous

 

[RU205]

University of Delaware and PSU were both over $50K for an out of state student.

 

[jtung230]

Costs more than 30k a year to attend. None of those other schools are collecting taxes from NJ families. Many of those colleges will provide funding to get high end NJ kids. Rutgers is less than likely. Rutgers does not set itself up well at all when it comes to in state kids.

It’s fine if If you want to send your kids out of state or if your kids don’t want to go to RU. But don’t use cost as a reason. It just make you look stupid.

 

[e5fdny]

My daughter starts at RU in September and it will cost me about $35K per year. Similar out of state schools were $50K+ and some out of state private schools were $70K+. Other instate schools were $50K+ but with the scholarship offers the total cost was similar to $35K a year. The instate school (she didn't apply to Princeton) tried to lower their cost to match RU but RU is a better school than the other in state options, for a better or similar price.

I think a lot of privates do this too, relative to the flagship school in the state you're applying from?

 

[jtung230]

State Universities should not be costing families $35k per year.

It’s outrageous

Why? RU’s tuition is cheaper than Pitt and same for PSU for instate.

 

[tom1944]

Yeah. State schools in other states are far less expensive for in state students because the “collected taxes” in the state also help keep tuition down. Including some of those that were listed. Not sure why that is funny. The idea that RU is some amazing deal for in state families just isn’t true. Many families are finding better tution for similar school quality out of the state. Heck, I think many would find that Rutgers has been caught or surpassed by Rowan in this area.

Isn’t Rowan and the other State colleges similar in cost?