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PSU trustees approve tuition hikes in $11.1B budget plan

The plan adds $59 million in tuition revenue and $46 million in savings from campus closures as Penn State balances payroll and enrollment losses.

Summary by Spotlight PA
The Penn State Board of Trustees has approved tuition increases and millions of dollars in spending cuts for the 2027-28 fiscal year as the university grapples with surging payroll expenses and lost tuition revenue due to declining enrollment. The changes are part of the $11.1 billion university-wide operating budget — which takes effect July 2027 — that passed Friday at the Pennsylvania College of Technology in Williamsport. The university was …

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Spotlight PA broke the news on Wednesday, July 22, 2026.
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