College tuition reduced
PORTLAND (AP) — The State Board of Higher Education has voted to reduce tuition costs for students in Oregon’s seven public universities.
The board’s move on Friday is the second cut in tuition rates this year. It follows the Legislature’s September approval of tax increases and $25 million in additional funding for higher education.
Tuition for Oregon residents was initially slated to rise 4.8 percent on average. Starting in January, it will instead be up 2.5 percent from last year. The Oregon University System says that amounts to an average savings of $150 per student. For the first time since 2001, tuition rates will remain flat in the school year that begins in 2014.