NEWS
3/12/09 7:00pm
By Staff Editorial
The recent tuition hike, announced by President David Leebron on Wednesday, comes with a mixed welcome (see story, page 1). On the one hand, we are pleased to see the university implementing a tuition increase that, percentage-wise, is less than the increases of recent years, and is considerably less than the 14 percent increase instituted of a few years ago. In such an economic climate, we are happy that the administration is taking students' financial needs into consideration, namely with the increase of the loan threshold to $80,000 for the incoming class. Additionally, it is commendable to see that Rice's 2009 percentage increase is less than almost all comparable universities outside of the Ivy League.However, we are worried by the fact that, in the last decade, our tuition has nearly doubled. What was once a selling point - Rice offering a comparable education for pennies on the dollar - has become lore. Even though we can still compare ourselves to other schools who are also increasing their tuitions, the national trend of staggering tuition increases affects us, and is more than a bit troubling. It has to end somewhere, and we hope that end is in sight.