A number of universities have suddenly discovered there is a new cost to their operations — Obamacare. The University of South Carolina has decided to hike tuition to students and directly blamed the costs of the so-called Affordable Care Act.
The increase of 3.2 percent – about $342 per student – will pay for state-mandated employee pay raises, health and retirement benefits, and Affordable Care Act implementation, campus leaders say.Tuition increases due to Obamacare. Well, that certainly wasn’t one of the promises that Barack Obama and the Democrats made.Implementing Obamacare is estimated to cost the state’s flagship university up to $4.5 million.
“We are now at a critical tipping point,” university President Harris Pastides stated in a campus news release. “The current trajectory is no longer sustainable for our students, parents and taxpayers.”
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Completing this poll grants you access to Shark Tank updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.In response to the tuition increase, a spokesman for Republican Gov. Nikki Haley’s office told the Post and Courier it’s a “tragedy” the Affordable Care Act prompts financial hardships for students and schools.
Meanwhile, the University of South Carolina’s neighbors to the north are struggling with very similar woes, as leaders of North Carolina’s 17-campus UNC System are grappling with how to pay for unfunded health insurance mandates as well.