• Describe how the increase in tuition will likely affect stakeholder groups such as students, faculty and administrators.
This increase will affect the student the most because they have to bear the responsibility of paying higher tuition. Students who are already struggling financially will encounter higher level of stress that may lead to dropping out of school because they cannot afford it. Hopefully faculty and administrators don’t have to suffer decrease in wage or benefit. However if this increase in tuition is not enough to cover the institution expense, the will be cut in faculties and administrators wage and benefits.
• Propose alternatives to increasing tuition that will help meet your institution’s financial needs.
Increasing