The average cost of a four-year degree in Kentucky will be more than $39,000 this fall after state regulators approved tuition increases at most of the state's public universities.
All but two schools asked for the maximum increase allowed by the Council on Postsecondary Education. The University of Louisville did not raise tuition, and Kentucky State University's board of trustees has not had a meeting yet to ask for an increase.
It is the second time regulators have approved tuition increases since Republican Gov. Matt Bevin cut the budgets for most public colleges and universities. Bevin said the cuts, about $40 million, were necessary to help the state cope with a multibillion-dollar public pension debt. And this year, state economists predict the state will finish the fiscal year with a $113 million shortfall.