University of Illinois proposes tuition freeze

The Chicago Tribune reports:

The University of Illinois has proposed a tuition freeze for in-state students this year, marking the first time in more than two decades that the cost would not increase at the state's flagship public school.

If approved by trustees next week, in-state freshmen would see no tuition hike for the first time since 1993-94 and the rate would remain unchanged for four years under the state's guaranteed tuition law.

New students would pay the same tuition as this year: $12,036 at the Urbana-Champaign campus, $10,584 at the Chicago campus and $9,405 in Springfield. The total cost more than doubles, however, after adding mandatory student fees and housing.

Price elasticity in tuition is here.