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Friday, December 6, 2013

Iowa Regents Reject Law School's Proposed Tuition Increase on Iowa Residents, Order Same 16.4% Tuition Reduction Given to Non-Residents

Iowa LogoIn response to a precipitous decline in applications and enrollment, the Board of Regents has approved the University of Iowa College of Law's proposed reduction in tuition for non-resident students by 16.4% (from $47,252 to $39,500) beginning next year. However, the Board rejected the law school's plan to hike tuition for Iowa residents by 1.8% (to $26,748) and imposed an identical 16.4% tuition reduction on Iowa residents ($21,965).

Regent Katie Mulholland amended the [law school's] request to include in-state students, saying she was disappointed Iowans were not included in the original proposal. "This is a fairness thing," she said. "My proposal is that what is fair for one group must be fair for the other group." As an alumnus of the UI, Regent Larry McKibben, said, he was also disappointed in the original proposal. "Why do we shop on Black Friday? Because the prices are decreased," he said. "I support Regent Mulholland, and I hope this encourages our Iowa students to come to the University of Iowa."

This is the first announced tuition reduction at a Top 30 law school (Iowa is ranked #26 overall and #28 in academic peer reputation in the 2014 U.S. News Law School Rankings).

http://taxprof.typepad.com/taxprof_blog/2013/12/iowa-regents.html

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