Out-of-state tuition increase could help pay general obligation bonds
By Anthony LaMesa | February 18, 2003If the General Assembly weaves a House of Delegates proposal into its final budget today, out-of-state students will be forced to help Virginia pay back the General Obligation Bond for college construction approved last November. "Fulltime out-of-state students would pay about 50 dollars a year for the fee," said Tony Maggio, legislative fiscal analyst for higher education in the House. The "capital fee" proposal is similar to one floated in the Senate last year, which would have charged both in-state and out-of-state students a fee, Maggio said. "The House proposal this year was that basically in-state students theoretically already pay for the cost of capital, because they're paying taxes," he said. Out-of-state students have yet to finance a major component of their education, said Vincent F.
