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.