McDonnell Urges Va. Schools To Limit Tuition Hikes

Ann McClure's picture
Wednesday, April 25, 2012

As the state's colleges and universities prepare to set their tuition rates, Gov. Bob McDonnell is asking school presidents and board members to keep hikes to the increase in the Consumer Price Index.

In a two-page letter dated Friday, McDonnell asks for their help in holding down in-state tuition and fee increases because "we cannot let dramatic price increases be a deterrent to higher education for all qualified and motivated Virginians."

The consumer price index rose 0.3 percent in March, the Labor Department said April 13, compared with February's 0.4 percent rise. Excluding food and gas, so-called "core" prices increased 0.2 percent in March.

Core prices have risen 2.3 percent in the past 12 months, close to the Federal Reserve's inflation target of 2 percent.

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