MADISON, Wis. (AP) – University of Wisconsin-Madison business students learned a painful lesson about supply and demand Friday when their tuition was increased by $1,000 for next year.
Saying demand for business education was increasing faster than state support, the UW System Board of Regents raised business majorsâ?? tuition by $500 per semester to boost teachersâ?? pay and hire more faculty and staff.
â??The differential is needed to maintain the high quality of the program,â? Regent Charles Pruitt of Shorewood said before the regents voted at a meeting in Oshkosh.