Tagged: college tuition

Kentucky's Council on Postsecondary Education approved a 3% ceiling for tuition increases for the 2013-14 academic year for in-state undergraduate students at Kentucky’s public colleges and universities. It is the smallest average tuition increase for Kentucky public institutions in 15 years. Last year the Council allowed up to a 5% increase.

Despite rising tuition costs, higher education is still worthwhile because college-degree holders have higher incomes and better opportunities for employment, according to a report released Friday by the Kentucky Council on Postsecondary Education.

Employers are increasingly requiring bachelor’s degrees as part of their hiring processes, the report said. In the next eight years, the report says, more than half of Kentucky jobs will require some sort of higher education.

Illinois Lt. Gov. Sheila Simon says she supports making college tuition more affordable. She visited the University of Illinois-Chicago Thursday and presented a plan to stop rising tuition costs. She says both state and federal officials need to work together to bring costs down. While at the university, she shadowed two students in a chemistry lab work-study program. Simon’s office says increases in college tuition and fees have outpaced inflation, citing a Pew Research Center report that found students had an average of more than $26,000 in student loans in 2010.