Tennessee state higher education leaders are discussing a 24-percent tuition hike in case the state decides to make funding cuts to universities. Tennessee Higher Education Commission members say the potential rate increase is because of the state’s economic woes and will be meeting with Governor Phil Bredesen next week to discuss tuition increases. Universities could see tuition rates go up ten-percent with no state funding change or go up 24-percent with a 15-percent cut in state funding. The tuition increases would bring schools level with this year’s budget and do not reflect any other cuts made by schools to offset state funding decreases.
