Monday, July 13, 2009

Economic impact still being felt

It is hard not to notice the daily updates on the state of the economy in the newspaper, on radio and in television broadcasts. It has been no secret these tough economic times have had a negative impact on all of us, including Bloomsburg University and our students.

As we move closer to the start of another school year, the economy plays a key role in how we plan for our future. A component of that is tuition, which is set each year by the PASSHE Board of Governors. Our state system of 14 universities has survived the fluctuating economy through excellent leadership, planning, and efficient use of resources and skills.

In the meantime, Bloomsburg University has provided high-quality education to our students while holding down operating costs and fees, along with affordable tuition set by the Board of Governors. In fact, over the past five years Bloomsburg and its sister institutions have seen tuition increased by only $760, from 4,598 in 2003 to 5,358 in 2008, while some universities in our region have raised tuition by as much as $7,000 and $10,000 over the same time span.

The Board of Governors is scheduled to meet this week, and the 2009-10 tuition will be a topic on their agenda. Although we have been successful in meeting the recent economic challenges, there comes a time when tuition increases are needed in order for a university to continue to provide the best education to its students. As we monitor the economic situation and await the result of the Board of Governors’ meeting, Bloomsburg University will continue to build on its success in having top-quality faculty guide our students into the future at an affordable price.

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