State colleges are limiting tuition increases next fall to just 3%.
That's the smallest increase in 15-years.
Officials say the tuition cap will create a $30-million cap in expected school generated funds for next year. Many colleges are concerned about this, but Kentucky's governor says, "it will keep college education within reach for more Kentucky families."
"State funding for the higher education has decreased every year for the past eight years, yet the state also tells us we can't raise tuition to help cover the reduction in state funding," says Jay Parrent.
Madisonville Community College does have lower credit hour prices, but will still be affected by the Kentucky tuition cap.
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