University and College Tuition Rates, Spring 2007

Arizona's three universities asked for 2007-08 tuition rate increases in excess of five percent; however, the Board of Regents granted each university a five percent increase. {BAB:: Tuitions Going Up 5% At Arizona Universities (2007-08)} A few months later, the Board of Regents did allow for "fee" increases. {BAB:: Arizona Universities Increasing Student Fees}

The Maricopa County Community College District (MCCCD) could have raised tuition rates by at least five percent, but negative publicity forced the District to leave tuition rates for the 2007-08 academic year unchanged. [GDT has been with the Maricopa Community Colleges for ten years and this is the first time tuition rates were not increased.]

On 10 January 2007, GDT predicted the MCCCD would raise 2007-08 tuition rates 4.61%, but he was wrong.

Let's Play... How GDT Made His Erroneous Prediction

Pretend the MCCCD was able to raise tuitions 5%. The 2006-07 tuition rate was $65. 5% of $65 is $3.25 making the new tuition rate $68.25. Historically, MCCCD tuition rates have been whole dollar amounts; therefore, the MCCCD could round the new tuition rate up to $69 or down to $68.

   if rounded up to $69..... (69 - 65) / 65 = 4 / 65 = 6.15%
   if rounded down to $68... (68 - 65) / 65 = 3 / 65 = 4.61%

For the last two years (and three of the last four), the MCCCD has increased tuition rates in $5 increments. A continuation of this practice would have resulted in a 7.69% increase to a $70 tuition rate.

Never over the span of the last decade, has the MCCCD increased tuition rates more than $5, but they did have two $1 and two $2 increases from 1998-2002. These days a $1 tuition rate increase would be a 1.53% rise, while a $2 increase is a 3.07% rise.

If the MCCCD was restricted to increasing tuition rates at the current rate of inflation, the increase would be limited to about 2.2%. 2.2% of $65 is $1.43. $1.43 rounded to the nearest dollar works out to a $1 increase. [According to BLS.gov, "during the first 11 months of 2006, the CPI-U rose at a 2.2 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 3.4 percent for all of 2005."]


Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 28 April 2007

Creative Commons License
This work is licensed under a Creative Commons License.