Purdue makes fast progress on tuition freeze
A Purdue University official says the school has made fast progress finding $40 million in savings or new revenue to support a two-year tuition freeze announced in March.
Purdue treasurer Al Diaz tells the Journal & Courier that the school is nearly three-quarters of the way to reaching that $40 million goal.
He says that includes $5 million in new revenue, $7 million in savings through a 1 percent merit raise wage pool, and millions more in other cost-cutting measures. Diaz says the university still needs to have a plan in place by July.
Purdue President Mitch Daniels announced the tuition freeze plan in March. It covers only the main campus and will keep basic in-state tuition at about $10,000 a year.
Information from: Journal and Courier
Copyright © 2013 The Associated Press. All rights reserved. This story may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.