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Deanspeak
May June 2006

Investing in their future

As many of you may know, the state of Texas recently delegated to the universities (and their board of regents or governors) the authorization for setting tuition rates, known as “deregulated” tuition.

Like many state universities, the activities of Texas A&M are financed through three major sources: state funding, tuition and fees paid by students, and contributions and earnings from donors’ endowments. Clearly, as state funding declines (both in real dollars and as a percentage of total operating budgets), increases in other sources of revenue must be generated. Tuition is one such source of revenue.

An outgrowth of the state’s decision to deregulate tuition is the concept of “differential” tuition. Under differential tuition models, students studying in different colleges within a university will pay different levels of tuition for their education. This provides colleges with an additional revenue source to enhance the quality of the education they provide to their students (through smaller class sizes, a larger number of course offerings, and enhanced out-of-class learning experiences).

Throughout the United States, a large number of public business schools charge a differential tuition; within the state of Texas, both the University of Texas – Austin and the University of Houston (to name two) also do so.

Mays Business School is considering a differential tuition for our programs. Our reason is simple: we want to continue to provide our students with the best education possible and the widest array of job opportunities upon graduation.

Our proposal will invest the proceeds of any differential tuition in faculty: faculty who will reduce our class sizes, faculty who will provide a wider range of course offerings and course sections, and faculty who will touch the lives of our students through their classroom teaching and mentorship outside the classroom.

Our students compete with the best and brightest students from across the world for job opportunities, and it is our responsibility to do everything we can to allow them to continue to succeed. While a differential tuition does increase the cost of our students’ education, we believe it is one of the best investments they will make in their future.

Best regards,

Jerry Strawser '83
Dean