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Higher education is now getting a higher price tag many public colleges and universities are charging more.
Four classes and certain majors the University of Nebraska Lincoln campus began this program last year.
It adds an additional 3000 dollars approximately intuition -- for some undergraduate students.
Joining me now to explain how the program is being received by students what university.
Is doing with all that extra cash is the University of Nebraska Lincoln dean of college of business administration Don -- prominent.
-- thank you so much for joining us we appreciate it.
Thank you for having me.
Get of the -- why you -- engineering -- Well I'm speaking for the college of business which picked business majors at an engineering because the cost of instruction in those two disciplines.
Is higher than most others on campus namely the faculty salaries in those areas are higher.
So that's why we went with differential tuition and business and engineering Harry -- now.
Problem I mean -- this naturally urged students to not be in those majors and we're at a time when we need engineers more than ever.
Students need to learn things that are more practical and useful going on you know we've seen so many students graduate this year with a Bachelor of Arts.
And not have a job -- send the wrong message.
Well you know actually what happened.
Here is that we act added this slight difference in tuition costs -- -- to speak for business school.
And that we you talked about it before we did it students knew why we were gonna do it what.
What the revenues were gonna go for we actually experienced an almost 4% increase.
In our enrollments this fall so we don't see that it's discourage students really on the on the contrary our student are courses are in high demand.
We have enough faculty to actually offer as many sections as we wanted to.
So that's how this is really helping us.
You don't and we're sitting in the middle of a heavy student loan crisis right now that a lot of people -- -- is sitting at about a billion dollars many people think this is the next bubble to burst.
Why would you add to students' debt load right now rather than just cutting costs somewhere in the university.
What what we did in in implementing this is we also made available I'll set aside some of the money for financial aid and scholarships for if there any students -- would.
B having problem with that one of the things we did feel good about is that at Nebraska.
Our -- -- tuition costs are still the lowest among most of our peers.
In a big -- we have even with our differential tuition we have the lowest tuition costs in the same thing with.
Other schools in the area so we didn't feel like the impact of it while we always say to raise tuition.
We didn't think the impact would negatively affect our student what would you say real quick to taxpayers and parents out there who say that the cost of going to college.
Is already completely out of control tenured professors are making too much.
How do you defend.
I would say first of -- as a mother of -- college graduation recent college graduate the most important thing is to get to school.
Treat it seriously.
Don't drop a lot of classes get through in four years those -- the kind of things it can help any family and instructional costs are rising.
I think managing your time at school and managing.
-- how you how you take your classes can also help the fall about RAW -- thanks so much coming on today we appreciate it.
Growing course of people raising U student loan bubble is about to burst that's -- the next financial crisis.
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