Current:Home > ContactU of Wisconsin regents agree to ask Gov. Tony Evers for $855 million budget increase -Aspire Money Growth
U of Wisconsin regents agree to ask Gov. Tony Evers for $855 million budget increase
View
Date:2025-04-18 10:07:09
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! (1)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- WWE Bash in Berlin 2024 live results: Winners, highlights of matches from Germany
- Race for Alaska’s lone US House seat narrows to final candidates
- Johnny Gaudreau's Wife Breaks Silence After NHL Star and Brother Killed in Biking Accident
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- The Vistabule DayTripper teardrop camper trailer is affordable (and adorable)
- Who Coco Gauff, Iga Swiatek play in US Open fourth round, and other must-watch matches
- Are grocery stores open Labor Day 2024? Hours and details for Costco, Kroger, Publix, Aldi, more
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Real Housewives’ Tamra Judge Looks Unrecognizable as She Shows Results of Extreme Cosmetic Procedure
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- 1 teen killed, 4 others wounded in shooting near Ohio high school campus after game
- American road cyclist Elouan Gardon wins bronze medal in first Paralympic appearance
- Get 50% Off Ariana Grande Perfume, Kyle Richards' Hair Fix, Paige DeSorbo's Lash Serum & $7 Ulta Deals
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Jennifer Lopez addresses Ben Affleck divorce with cryptic IG post: 'Oh, it was a summer'
- Man charged with murder in connection to elderly couple missing from nudist ranch: Police
- Is Usha Vance’s Hindu identity an asset or a liability to the Trump-Vance campaign?
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Mega Millions winning numbers for August 30 drawing: Did anyone win $627 million jackpot?
Chicago Sky forward Angel Reese sets WNBA single-season rebounds record
Penn State-West Virginia weather updates: Weather delay called after lightning at season opener
Sam Taylor
Score 50% Off Ariana Grande’s R.E.M. Beauty Lip Liner and $8.50 Ulta Deals from Tarte, Kopari & More
Chocolate’s future could hinge on success of growing cocoa not just in the tropics, but in the lab
Dreading October? Los Angeles Dodgers close in on their postseason wall