Outgoing Iowa Board of Regents President Bruce Rastetter says the state's public universities need to raise tuition for the upcoming school year.
He says he asked the board office to work with the universities on an additional tuition increase to make up for cuts in state funding. The increase would come on top of a two percent hike previously approved for this fall.
Rastetter says state budget cuts for the current and next fiscal year make tuition hikes necessary.
"One of the challenges that we clearly face this session is the stark reality of state revenues affecting the public universities in a way we haven’t had happen before," Rastetter says.
This comes after board officials said several times that in-state tuition would not increase by more than two percent for the upcoming school year.
Thursday was Rastetter's last meeting as board president. He says the board would likely have to hold a special meeting in May to vote on an additional increase.
