Rutgers University Announces Increased Costs for Tuition, Fees, Meals, and Housing

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Source: POLITICO
Rutgers University Announces Increased Costs for Tuition, Fees, Meals, and Housing
Photo: POLITICO
TL;DR Summary

Rutgers University's Board of Governors has approved a 6% increase in tuition and fees, a 7% increase in meal plans, and a 5% increase in student housing for the upcoming 2023-24 school year. These increases come after receiving state aid to cover new faculty contracts and other costs. The university has been running at a deficit and faces rising costs, including inflation, salaries, and employee benefits. The budget aims to reduce the university's deficit while maintaining access to an excellent academic experience and strengthening financial aid programs.

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