Posted at: 12/31/2012 10:01 AM
MINNEAPOLIS (AP) - The University of Minnesota plans to review the cost of tuition for out-of-state residents.
The university dropped its nonresident tuition four years ago to attract more undergraduates from elsewhere. It is now the cheapest school in the Big Ten for those students, but it's the fourth-most-expensive for residents.
The number of nonresident students has swelled since 2007 from nearly 8 percent to more than 17 percent. Meanwhile, the percentage of resident students dipped slightly and the number of students from reciprocity states such as Wisconsin shrank.
University President Eric Kaler tells the Star Tribune (http://bit.ly/VmC1a2 ) it's probably a good time to look at nonresident tuition and whether it needs to be changed.
He says the university first needs to study how sensitive out-of-state students are to price.
Information from: Star Tribune, http://www.startribune.com
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