ACA/Obamacare: College Tuition to Further Increase Due to ACA

“Despite hopes to freeze tuition at the University of South Carolina, it appears students will be forced to pay higher tuition, meal, and housing costs this year to compensate for the implementation of the Affordable Care Act (ACA) and other state mandates.

A press release from the university states:

USC will start FY2015 applying nearly $18 million toward the additional costs of state-mandated employee pay raises, health and retirement benefits and implementation of the Affordable Care Act.

The ACA will require the university to extend coverage to all employees who work 30+ hours a week. This provision alone will cost $4.5 million and the university simply cannot afford to shoulder that expense.

Instead, students and their families will bear the burden by paying the 3.2 percent increment for the upcoming school year. This equates to a $342/year increase for in-state students and $912/year increase for out-of-state students. The extra revenue will help cover both the ACA implementation and the rising cost of state-mandated employee pay raises.” - UofSC Students: Say Thanks To Obamacare For Your Tuition Hike, townhall.com, 06/26/2014

Link to the entire story appears below:

http://townhall.com/tipsheet/karajones/2014/06/26/uofsc-students-say-thanks-to-obamacare-for-your-tuition-hike-n1856190?utm_source=thdaily&utm_medium=email&utm_campaign=nl