US Edition‘Nothing is off the table’: Higher education officials warn of tough financial future
- Minnesota's two largest higher education institutions warn of tuition increases and funding cuts after the Legislature passed HF2431 in May 2025, affecting the state budget.
- These cuts stem from the Legislature's effort to address a projected $6 billion budget deficit for 2028-29 and a $239 million deficit in the state grant program.
- Minnesota State plans to lose over $100 million and may raise tuition between 3.5% and 9%, while the University of Minnesota faces about a $10 million funding reduction primarily in one-time grants.
- Christine Kiel, serving as the temporary head of Government Relations, indicated that all options remain under consideration, highlighting that adjustments to tuition and increased philanthropic support are potential strategies in response to uncertain federal funding and rising inflation.
- Officials caution that without additional state funding, institutions will combine tuition increases with program cuts affecting workforce training and campus operations, risking services to communities and students.
19 Articles
19 Articles
University officials prepare for less state funding
As the 2025 legislative session wraps up, University of Minnesota officials are expecting less state funding, which could lead to education cuts or tuition increases. The University expects to receive about $10 million less in overall funding compared to the last session. Without additional funding, the University expects to reduce spending in areas like research or increase tuition, University spokesperson Amy Tolson said in a statement. The ex…
‘Nothing is off the table’: Higher education officials warn of tough financial future
MINNEAPOLIS — Minnesota’s two largest higher education institutions are warning of tuition increases and education cuts as the Legislature passes a limit on new higher education spending. HF2431, which passed out of the Senate on Thursday, May 1, makes dramatic cuts to one-time grant funding to the University of Minnesota and Minnesota State Colleges and Universities systems. The bill does not decrease base funding for the institutions. Under th…
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