UT Has New ‘Model’ for Raising Revenue from Students

The University of Tennessee board of trustees tentatively approved plan Wednesday that would charge future full-time students for an additional three hours each semester at the Knoxville campus, reports the News Sentinel.
The new charges will begin with freshmen next year.
Following an hourlong discussion, the plan to charge full-time students for 15 credit hours unanimously passed out of committee and will go before the full board of trustees, including Gov. Bill Haslam, today.
“There’s got to be a financial incentive, and there’s got to be courses available, and there’s got to be the expectation to graduate in four years,” Chancellor Jimmy Cheek said during the committee meeting, held on the agriculture campus. “We cannot become a top-25 public research university if we do not graduate classes. Quite frankly, we’ve got to have a game-changer, and we think this is a game-changer.”
Current students, who will not be affected by the proposal, pay by the credit hour until they hit 12 hours, the threshold for full-time status. The proposed new model would mean future students who take 12 or more credit hours would be required to pay for 15 credit hours.
Cheek touted the new model as a means of raising revenue, making tuition increases more predictable, encouraging students to graduate in four years, lowering student debt and allowing the university to serve more students without upping enrollment.

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