Oregon Legislature Approves Small & Temporary Tuition Decrease

, Posted: Fri, July 12 2013 at 6:24 PM, Updated: Fri, July 12 2013 at 6:54 PM

A silver lining for college students in Oregon.

The state's Board of Higher Education will give a little help to a lot of students this upcoming school year.

The Oregon Legislature ended up setting aside more money for public universities in Oregon to offset tuition increases.

What it means? Students at all 7 public universities in the state will get to a pay a little less in tuition this upcoming school year.

Friday the Oregon Board of Higher Education decided on the specifics which will shave off about $100 in tuition.

We spoke to SOU student Dannie Hansen about what she thought "I'm really happy, anywhere you can save a buck and anywhere where we can get further ahead when we get out of school is huge to me...Any savings is great really."

While the help is appreciated, she and other students say they're concerned about the rate increases for new federal subsidized student loans because the united states congress failed to come to a compromise.

Student loan rates have doubled from 3.4-percent to 6.8-percent.

Now if congress doesn't act by the time students go back to school this fall the rate increase could mean an additional $2,600 for an average student. That's according to congress' joint economic committee.

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