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U Of M Considers Surcharge On Biz School Students

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(credit: University Of Minnesota)

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MINNEAPOLIS (AP) — The regents of the University of Minnesota are considering tacking a surcharge on the tuition bills of undergraduate students in the university’s business school to hire and retain faculty.

The regents’ Educational Planning and Policy Committee is scheduled to discuss the surcharge on students in the Carlson School of Management during the regents’ regular meeting Thursday in Minneapolis.

The proposed surcharge would be phased in over four years, starting at $250 per semester during the 2013 fiscal year and reaching $1,000 per semester three years later.

During the past eight years, the number of students in the program has grown 20 percent while the number of Carlson faculty has remained the same. The university blames cuts in state spending on higher education for its inability to hire more teachers.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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