The Legislature’s budget committee on Tuesday agreed to give the University of Wisconsin System about $149 million more in tax funds over the next two years – an increase that would likely raise undergraduate tuition this fall by an average of about 5%.
State Budget Director Dave Schmiedicke called the 5% average increase in undergraduate tuition a “best guess,” because final details of the two-year faculty pay raise plan won’t be decided for months. Tuition would rise another 3% in the fall of 2008.