UPDATE: Walker calls for additional UW tuition freeze

UPDATED Friday, April 11, 2014 --- 9:56 a.m.

MADISON, Wis. (AP) -- Gov. Scott Walker is calling for an additional two-year tuition freeze at the University of Wisconsin System.

Walker, who is running for re-election this year, called for the freeze on Friday. He says it's in reaction to the latest projections showing UW has a surplus of more than $1 billion.

The budget Walker signed into law last year had a two-year tuition freeze, which was also motivated by reports of a large surplus.

Walker says in a statement that after years of tuition increases, it is important to give students and their families a break.

Republican legislative leaders did not immediately respond to emails seeking reaction. The UW Board of Regents was meeting Friday and a university spokeswoman did not immediately respond to a request for comment.

Copyright 2014: Associated Press


UPDATED Thursday, April 10, 2014 --- 5:00 p.m.
Posted Thursday, April 10, 2014 --- 3:53 p.m.

MADISON, Wis. (AP) -- New figures from the University of Wisconsin System show the system finished the first three quarters of fiscal year 2013-14 with more than $1.7 billion on hand.

The system released data Thursday that shows campuses had a combined $1.73 billion on hand at the end of March. System officials expect to finish the fiscal year on June 30 with $1.1 billion on hand.

System officials have taken intense criticism over the last year for ending fiscal year 2012 with a $1 billion surplus while raising tuition year after year.

The Board of Regents are poised to adopt a new policy setting limits on cash on hand on Friday.

Copyright 2014: Associated Press

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