Cost of higher ed in Georgia on the rise

The price for college is going up in Georgia. The University System of Georgia Board of Regents approved an 8 percent budget cut, along with doubling mandatory student fees that will take effect next semester. The announcement was made Tuesday to increase fees for students attending the system’s research universities from $100 to $200 per semester; those schools include: UGA, Georgia Tech and Georgia State University. Students at four year schools such as Kennesaw State and Georgia Southern will see an increase from $75 to $150. Two year and state colleges will see an increase from $50 to $100. The additional student fee is expected to generate $24 million in 2010. The 8 percent budget cut was adjusted from the 6 percent that was approved in August. This will cost Georgia’s 35 public colleges and universities $176 million. The Regents also said that an additional $12 million in savings must also be realized in the budgets either through additional employee furlough days, the elimination of positions, employee layoffs or other program and structural changes.