<p>ONLY raising tuition twice the rate of inflation. Not something to be bragging about. </p>
<p>It really is getting crazy. As the announcement states, they are doing this to increase the amount available for need-based aid. At some point, maybe now, those of us paying full rates, will have had enough. We already have two kids in college and will have three next year. We are upper-middle class but far from super rich. My husband works two full-time jobs to pay the tuition and each kid takes $8K per year in loans. Now, according to Wake’s statement, they are raising our rates so other kids won’t have to borrow more than $4K/yr. Our kids can’t do study abroad programs due to the cost, while their need-based friends are traveling around Europe and elsewhere, paid for by our ridiculous tuition rates. There is a tipping point where the full-pays will just start going elsewhere and save the money for grad school. Then there will be fewer left to subsidize the rest. I may already be there. Son and I will have a serious talk this weekend.</p>
<p>As for Wake’s statement that they’re in line with other highly ranked schools, some of those competitors are located in high-cost areas. NC certainly does not fall into this category.</p>