Governor Perry Calls for Tuition Freeze
Texas Governor Rick Perry, a Republican, is calling for public colleges and universities to offer students a four-year freeze on tuition, such that each entering class would be assured of paying the same tuition rate for the next four years, The Austin American-Statesman reported. He said this would encourage students to graduate in four years, and would help students avoid high debt levels. "If you get out of the University of Texas with a $50,000 debt, I don’t know if we’ve served you well," he said. In fact, student debt load at UT is not close to that level. Only about half of bachelor's recipients at the University of Texas at Austin borrow, and the average total debt for those who do borrow is just over $25,000.