New Jersey May Pass Law to Freeze Tuition
Not everyone thinks this is a good idea. In fact, lots of colleges don’t like it.
Matt Friedman of NJ.com reports.
Tuition freeze: N.J. Assembly passes 7 bills on higher education
A bill that would allow New Jersey college students to pay the same tuition for nine straight semesters is one step closer to becoming law.
The state Assembly today voted 48-21 to pass the bill, which was one of seven bills the lower house passed today that are intended to rein in college costs.
“The time for change in higher education has come,” said Assemblyman Joseph Cryan (D-Union), a sponsor of the bills. “For the last 20 years New Jersey’s families have been at the mercy of what I would say is an oligarchy of presidents of higher education who determine their financial future.”
Six lawmakers abstained.
The tuition bill would apply to every four-year higher educational institution except for those with endowments of $1 billion or more. The only school with an endowment that large is Princeton University, which Cryan said he did not include because it allows lower-income students to attend for free.
Students who take a year off would have to begin paying the same rate as incoming freshman if they return.