HATTIESBURG, MS (WDAM) - The new fiscal year for higher education in Mississippi will mean less dollars for universities and more tuition costs for students. Those facts concern Commissioner of Higher Education Dr. Hank Bounds, who spoke to the Rotary Club of Hattiesburg (Sunrise) this week.
Fiscal year 2011, which began Thursday, is bringing with it 13 percent budget cuts for universities and average tuition hikes of 7 percent for Mississippi's college students. Bounds says schools are looking for new ways to cope with the cuts and are preparing for even more next fiscal year.
"We're trying to plan now," Bounds said. "We've been working on this issue, but at the end of the day, I think the story is that there won't be any university in the state in 2012 that looks like it does today. It's going to take some pretty drastic action to get within those cuts," said Bounds.
Dr. Bounds says the good news is that Mississippi is still the most affordable place in the country to go to college.