Mon April 29, 2013
Tuition, Fees At UNM Doubled Over Past Decade
Tuition and fees at University of New Mexico have doubled over the past decade, with the cost of admission rising at a rate that far exceeds inflation.
The Albuquerque Journal reports that regents approved another hike this month for the 2013-14 school year.
It will rise 13 percent for undergraduate students who take 12 credit hours or less.
That's the biggest jump in nine years, to a cost of about $6,846 in in-state tuition and fees for those students.
Students who take 15 or more credit hours will see a 6.6 percent increase.
The university is charging a lower rate per credit hour for those taking more classes in hopes students will graduate faster with less debt.
Officials say UNM is still a bargain when compared to peer institutions.