Current:Home > StocksU of Wisconsin regents agree to ask Gov. Tony Evers for $855 million budget increase -PureWealth Academy
U of Wisconsin regents agree to ask Gov. Tony Evers for $855 million budget increase
View
Date:2025-04-14 17:24:49
MADISON, Wis. (AP) — Universities of Wisconsin regents agreed overwhelmingly on Thursday to ask Gov. Tony Evers for an additional $855 million for the cash-strapped system in the next state budget.
UW system President Jay Rothman has promised he won’t seek to raise tuition during the life of the two-year spending plan if the system gets the money.
Tuition and student fees at the University of Wisconsin-Madison, the system’s flagship campus, now total $11,606 a year for in-state undergraduates. The total cost to attend the university for a year is about $30,000 when factoring in room and board, educational supplies and other costs.
The UW system’s budget for the current fiscal year stands at $7.95 billion. The additional $855 million would represent a 10.8% increase.
Regent Ashok Rai, chair of the regents’ business and finance committee, warned as he presented the budget request to the full board that inflation is preventing campuses from making investments. The system has cut expenses as much as possible and if the state won’t give the system the addtional money it will have to come from students and their parents, Rai said.
“This is a way forward for the state of Wisconsin,” Rai said of the additional money.
The system’s financial struggles have intensified as state aid plummeted from almost 42% of UW’s revenue in the 1984-85 academic year to 17.5% this year.
The drop in state aid coupled with declining enrollment has left campuses more dependent on tuition. Six of the system’s 13 four-year campuses face a deficit heading into this academic year and UW officials have announced plans to close six two-year branch campuses since last year.
The $855 million in additional funding would cover an 8% across-the-board salary increase for faculty and staff. It would also help expand the Wisconsin Tuition Promise, a program that covers tuition and fees for low-income students.
The program covered students whose families earned $62,000 or less after its debut in 2023. Financial constraints put the program on hold this year except at UW-Madison and UW-Milwaukee. UW plans to restart it next fall for students whose families earn $55,000 or less, using mostly money from within system administration. A state funding increase would enable it to expand to families with incomes up to $71,000 beginning in 2026.
The new money also would keep two-year branch campuses open, Rothman has said.
The regents ultimately approved the request on a unanimous voice vote. But the ask is just the initial step in the grueling budget-making process.
Evers will consider the request as he crafts his 2025-27 state budget. He’ll give the spending plan early next year to the Legislature’s finance committee, which will spend weeks revising it ahead of full legislative approval. The budget will then go back to the governor, who can use his partial veto powers to rework the document one last time before signing it into law.
Evers has already promised to give the university system more than $800 million. The governor’s spokesperson, Britt Cudaback, said Evers “looks forward to meeting or exceeding the budget request approved by the Board of Regents.”
Even if Evers includes the new money in his budget, it’s far from certain UW will get it.
If Republican legislators retain control of even one house in November’s elections, the odds are slim they’d give UW more than a fraction of the money. Republicans see the university system as a bastion of liberal thought.
The GOP cut a quarter of a billion dollars from UW’s budget in the 2015-17 state budget and imposed an eight-year tuition freeze that they didn’t lift until 2021. They withheld $32 million from the system in the current state budget, releasing it only after regents agreed to limit diversity and equity initiatives.
Aides to Sen. Howard Marklein and Rep. Mark Born, Republican co-chairs of the Legislature’s finance committee, didn’t immediately respond to messages seeking comment on the request.
veryGood! (7)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- 'Curb Your Enthusiasm' finale: Larry David's 12-season neurosis ends with 'Seinfeld' do-over
- Biden to announce new student loan forgiveness proposals
- Maryland lawmakers enter last day working on aid to port employees after Baltimore bridge collapse
- Olympic men's basketball bracket: Results of the 5x5 tournament
- WrestleMania 40 live results: Night 2 WWE match card, start time, how to stream and more
- How to watch the solar eclipse on TV: What to know about live coverage and broadcast info
- Jonathan Majors Sentenced to 52-Week Counseling Program in Domestic Violence Case
- Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
- The Skinny Confidential Drops Sunscreen That Tightens Skin & All Products Are on Sale for 20% Off
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- In call with Blinken, father of killed aid worker urges tougher US stance on Israel in Gaza
- CMT Awards voting: You can still decide Video of the Year
- Air Force contractor who walked into moving propeller had 'inadequate training' when killed
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- How often total solar eclipses happen — and why today's event is so rare
- Hall of Fame coach John Calipari makes stunning jump from Kentucky to Arkansas
- The Rock, John Cena, Undertaker bring beautiful bedlam to end of WrestleMania 40
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Russian missile strikes on Ukrainian city of Kharkiv leaves at least 6 dead
Mexico's president says country will break diplomatic ties with Ecuador
Is AI racially biased? Study finds chatbots treat Black-sounding names differently
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Tori Spelling Reveals If a Pig Really Led to Dean McDermott Divorce
Israel finds the body of a hostage killed in Gaza while negotiators say talks will resume on a cease-fire
Huge crowds await a total solar eclipse in North America. Clouds may spoil the view