Latest news with #AlanLevine

Miami Herald
19-06-2025
- Business
- Miami Herald
Out-of-state students could face tuition hikes at Florida universities
Out-of-state students attending Florida universities could see a 10 percent increase in tuition this fall and an additional hike the following school year, under a rule unanimously adopted by the state university system's Board of Governors on Wednesday. Tuition hikes for out-of-state students would have to be approved by university boards of trustees, and schools would have to maintain their current ratio of in-state students to out-of-state students. If increases are approved for the 2025-2026 school year, they would be the first tuition hikes in more than a decade for out-of-state students, according to documents distributed before Wednesday's Board of Governors vote. None of the state's 12 universities has raised tuition since 2012, and Florida State University hasn't had an increase since 2004, the documents said. Florida has the nation's third-lowest tuition and fees for out-of-state students, at an average of $21,690 in 2023-2024. That was about 28 percent lower than the national average of $30,140. Nearly 33,000 undergraduate students from outside the state — about 12 percent of all students — attend Florida's public universities. Roughly 25,000 of the state's 76,000 graduate students, or 33 percent, are nonresidents. Board of Governors member Alan Levine, who proposed the increase, noted that 'our total cost of a degree is one of the lowest in the country for students.' Levine said in a text message to The News Service of Florida that the proposal would allow increases of up to 10 percent this fall and up to 15 percent in fall 2026, He said his 'strong suspicion is it will end up being less than 10% this year as trustees try to minimize impact on current students' A hike over two years would give out-of-state students more leeway to plan their finances, Levine suggested during the meeting. Florida law caps annual tuition increases for in-state and out-of-state students at 15 percent. 'We want to make sure we don't create sticker shock for students that are here currently,' Levine said. Maintaining ratios of in-state and out-of-state students would ensure that Floridians don't lose slots in schools to higher-paying applicants. 'We do not want to see universities raising their nonresident enrollment rates to increase revenues, particularly at the expense of in-state students,' Levine said. Tuition increases approved by university boards of trustees would have to be shared with university system Chancellor Ray Rodrigues. An across-the-board 5 percent tuition increase for out-of-state undergraduate students at all of the state's universities would generate nearly $24.2 million annually, according to the document presented to the board. A 15 percent hike would bring an extra $72.5 million to the state. Tuition for out-of-state students varies throughout universities. For undergraduates, the University of South Florida offers the lowest per-credit hour rate for nonresidents, at $346.50. The University of Florida weighs in as the highest, at $707.21. The average statewide is $491.90. Board of Governors member Eric Silagy tried to link the proposed increases to part of Florida law that says tuition for out-of-state students should offset the cost of providing education to such students. Silagy said three schools in the system — New College of Florida, Florida A&M University and Florida Polytechnic University — don't meet the requirement. 'I don't think we should be allowing the board of trustees to go up to the maximum 15% because these three schools have an obligation, not a choice, an obligation, to be in compliance with state law,' Silagy said. Silagy, who has harshly criticized New College in the past, argued that schools where Florida taxpayers are 'subsidizing' out-of-state students shouldn't be allowed to increase the number of nonresident students. According to Silagy, the state is spending more than $82,000 per student for New College, which has 802 students, including 90 who aren't Florida residents. As a comparison, the state spends roughly $19,000 per student at the University of Florida. Silagy's remarks drew fire from New College President Richard Corcoran, a former state House speaker who was recruited by Gov. Ron DeSantis to remake the Sarasota liberal-arts school into a conservative higher-education institution. Corcoran called Silagy's comparisons of New College to other Florida universities 'odious.' 'When we, the new board, came onto the scene, here's the rhetoric that we were told: 'Be the Hillsdale of the South. Grow your prestige to what you were in the past,'' Corcoran said, referring to the conservative Hillsdale College in Michigan.. New College is 'just not like the rest' of Florida's public universities, Corcoran argued. 'I mean, we took over an absolute failed institution, had it been not publicly funded, would have closed a decade ago, without question,' he said. 'The question is, do you want to build, for the Legislature and the governor, a world-class liberal-arts institution? If the answer is yes … we can't be graded or evaluated in that same context.'


CBS News
19-06-2025
- Business
- CBS News
Florida officials let public universities free up $22.5 million to pay student-athletes
Florida's public universities can free up $22.5 million a year to compensate student-athletes under an emergency rule approved by a state board Wednesday ahead of a landmark legal settlement allowing schools to pay their players through licensing deals. The sprawling $2.8 billion antitrust settlement, going into effect July 1, allows schools to directly pay their pay their players for the use of their name, image and likeness. It's upending the way college sports have been run for more than a century and has sent universities across the country scrambling for new revenue streams in the hopes of gaining an edge — or at least keeping pace — in the rapidly evolving and highly competitive field of college athletics. Public universities in Florida, which is home to some of the country's most high-profile college sports teams, will now be able to dip into the funding reserves of campus auxiliary programs like bookstores, food service, student housing and parking in order to cut checks to student-athletes. Under the policy approved Wednesday, the funds can be issued as a transfer or a loan. "Athletic departments are already currently recruiting student-athletes for fall 2025, and they need clarity on the available funding to retain and recruit the best talent for their rosters," said Alan Levine, vice chair of the board of governors, which oversees Florida's state universities. "If the universities cannot react to the settlement immediately, there will be irreparable harm to the athletic programs and to the financial welfare of our institutions." Florida's emergency rule goes into effect immediately and will last 90 days, at which point the board of governors can reassess the issue. Other schools are also taking actions because of deficits in their athletic departments. Last week, University of Kentucky trustees approved a $31 million operating loan for the athletics department as it begins making direct payments to athletes. Meanwhile, Louisiana is poised to hike taxes on sports betting to pump more than $24 million into athletic departments. And Arkansas this year became the first to waive state income taxes on payments made to athletes by higher education institutions.


CBS News
19-06-2025
- Business
- CBS News
Millions made available for Florida universities to pay student-athletes
Pointing to a need to avoid a disadvantage in recruiting athletes, Florida university-system leaders Wednesday made up to $22.5 million available for each state university to share revenues with athletes. The system's Board of Governors approved the funding, which will be available annually at that level as a loan or transfer for the next three years. It is designed to help carry out a new revenue-sharing model with athletes under a national legal settlement in a case known as House v. NCAA. Will help put universities into a position to compete for talent It comes amid massive change in college sports, in part because of athletes now being able to cash in through "name, image and likeness" deals. Traditionally, college athletes could not be paid. Board of Governors member Alan Levine said the money approved Wednesday "takes some of the pressure off the donors" now funding name, image and likeness deals and ensures "we put our universities in as advantageous a position as possible to compete." The settlement, approved June 6 by U.S. District Judge Claudia Wilken of the Northern District of California, in part establishes a 10-year model for NCAA Division I schools to expand rosters and directly pay athletes for their names, images and likenesses. "They're already out there trying to sign contracts with these athletes," Levine said. "And if we don't act, there's a really good chance that our institutions will be severely disadvantaged. I don't think anybody wants that." Spending is capped per school Payments, expected to go primarily to students who play football and men's basketball, would be in addition to currently allowed individual name, image and likeness deals, where money is often raised and distributed through what are known as "collectives" and other organizations tied to schools. Under the settlement, schools that opt in to the plan could spend up to a capped amount on direct payments and roster-expanding scholarships. For the 2025-2026 school year, the cap would be set at $20.5 million per school. Peter Collins, chairman of the Florida State University Board of Trustees, said not every Florida school will reach the cap. "I don't know for sure everybody else around the table, but I know we will, because everybody that we play is spending in the cap," Collins said. The cap is based on calculations involving media, ticket and sponsorship revenue at schools in what are known as the "Power 5" conferences --- the Atlantic Coast Conference, Big Ten, Big 12, Southeastern Conference and Pac-12 --- and at Notre Dame. The additional $2 million being offered to schools would cover back-pay of certain athletes who played before name, image and likeness deals became legal in 2021.


CBS News
19-06-2025
- Business
- CBS News
Out-of-state university students could face tuition hikes in Florida
Out-of-state students attending Florida universities could see a 10 percent increase in tuition this fall and an additional hike the following school year, under a rule unanimously adopted by the state university system's Board of Governors on Wednesday. Tuition hikes for out-of-state students would have to be approved by university boards of trustees and schools would have to maintain their current ratio of in-state students to out-of-state students. If increases are approved for the 2025-2026 school year, they would be the first tuition hikes in more than a decade for out-of-state students, according to documents distributed before Wednesday's Board of Governors vote. None of the state's 12 universities has raised tuition since 2012, and Florida State University hasn't had an increase since 2004, the documents said. Florida has the nation's third-lowest tuition and fees for out-of-state students, at an average of $21,690 in 2023-2024. That was about 28 percent lower than the national average of $30,140. Nearly 33,000 undergraduate students from outside the state — about 12 percent of all students — attend Florida's public universities. Roughly 25,000 of the state's 76,000 graduate students, or 33 percent, are nonresidents. Balancing financial impacts and educational access Board of Governors member Alan Levine, who proposed the increase, noted that "our total cost of a degree is one of the lowest in the country for students." Levine said in a text message to The News Service of Florida that the proposal would allow increases of up to 10 percent this fall and up to 15 percent in fall 2026. He said his "strong suspicion is it will end up being less than 10% this year as trustees try to minimize impact on current students." A hike over two years would give out-of-state students more leeway to plan their finances, Levine suggested during the meeting. Florida law caps annual tuition increases for in-state and out-of-state students at 15 percent. "We want to make sure we don't create sticker shock for students that are here currently," Levine said. Maintaining ratios of in-state and out-of-state students would ensure that Floridians don't lose slots in schools to higher-paying applicants. "We do not want to see universities raising their nonresident enrollment rates to increase revenues, particularly at the expense of in-state students," Levine said. Tuition increases approved by university boards of trustees would have to be shared with university system Chancellor Ray Rodrigues. An across-the-board 5 percent tuition increase for out-of-state undergraduate students at all of the state's universities would generate nearly $24.2 million annually, according to the document presented to the board. A 15 percent hike would bring an extra $72.5 million to the state. Tuition for out-of-state students varies throughout universities. For undergraduates, the University of South Florida offers the lowest per-credit hour rate for nonresidents, at $346.50. The University of Florida weighs in as the highest, at $707.21. The average statewide is $491.90. Debating compliance and institutional priorities Board of Governors member Eric Silagy tried to link the proposed increases to part of Florida law that says tuition for out-of-state students should offset the cost of providing education to such students. Silagy said three schools in the system — New College of Florida, Florida A&M University, and Florida Polytechnic University — don't meet the requirement. "I don't think we should be allowing the board of trustees to go up to the maximum 15% because these three schools have an obligation, not a choice, an obligation, to be in compliance with state law," Silagy said. Silagy, who has harshly criticized New College in the past, argued that schools where Florida taxpayers are "subsidizing" out-of-state students shouldn't be allowed to increase the number of nonresident students. According to Silagy, the state is spending more than $82,000 per student for New College, which has 802 students, including 90 who aren't Florida residents. As a comparison, the state spends roughly $19,000 per student at the University of Florida. Silagy's remarks drew fire from New College President Richard Corcoran, a former state House speaker who was recruited by Gov. Ron DeSantis to remake the Sarasota liberal-arts school into a conservative higher-education institution. Corcoran called Silagy's comparisons of New College to other Florida universities "odious." "When we, the new board, came onto the scene, here's the rhetoric that we were told: 'Be the Hillsdale of the South. Grow your prestige to what you were in the past,'" Corcoran said, referring to the conservative Hillsdale College in Michigan. New College is "just not like the rest" of Florida's public universities, Corcoran argued. "I mean, we took over an absolute failed institution, had it been not publicly funded, would have closed a decade ago, without question," he said. "The question is, do you want to build, for the Legislature and the governor, a world-class liberal-arts institution? If the answer is yes … we can't be graded or evaluated in that same context."

18-06-2025
- Business
Florida officials let public universities free up millions to pay student-athletes
TALLAHASSEE, Fla. -- Florida's public universities can free up $22.5 million a year to compensate student-athletes under an emergency rule approved by a state board Wednesday ahead of a landmark legal settlement allowing schools to pay their players through licensing deals. The sprawling $2.8 billion antitrust settlement, going into effect July 1, allows schools to directly pay their pay their players for the use of their name, image and likeness. It's upending the way college sports have been run for more than a century and has sent universities across the country scrambling for new revenue streams in the hopes of gaining an edge — or at least keeping pace — in the rapidly evolving and highly competitive field of college athletics. Public universities in Florida, which is home to some of the country's most high-profile college sports teams, will now be able to dip into the funding reserves of campus auxiliary programs like bookstores, food service, student housing and parking in order to cut checks to student-athletes. Under the policy approved Wednesday, the funds can be issued as a transfer or a loan. 'Athletic departments are already currently recruiting student-athletes for fall 2025, and they need clarity on the available funding to retain and recruit the best talent for their rosters,' said Alan Levine, vice chair of the board of governors, which oversees Florida's state universities. 'If the universities cannot react to the settlement immediately, there will be irreparable harm to the athletic programs and to the financial welfare of our institutions." Florida's emergency rule goes into effect immediately and will last 90 days, at which point the board of governors can reassess the issue. Other schools are also taking actions because of deficits in their athletic departments. Last week, University of Kentucky trustees approved a $31 million operating loan for the athletics department as it begins making direct payments to athletes. Meanwhile, Louisiana is poised to hike taxes on sports betting to pump more than $24 million into athletic departments. And Arkansas this year became the first to waive state income taxes on payments made to athletes by higher education institutions. ___ Kate Payne is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.