Just four years ago, incoming freshmen at the University of Arizona paid $5,037 in tuition and fees. Starting this fall, they'll pay nearly double that -- $10,035.
The tuition spike will be felt by all three of Arizona's public universities, as the state's economy still reels in the aftermath of the housing boom and bust.
Arizona's Republican-controlled legislature recently cut higher education funding by $198 million, or 22.3% in fiscal 2012.
Since 2008, the state has cut $428 million -- a whopping 50% reduction. Over that same period, enrollment in Arizona universities has grown 15%.
To make up for the funding gap, universities are trying to cut spending, but have also decided to hike student fees.
This year alone, tuition will jump 22% at the University of Arizona, 19.5% at Arizona State University, and 15% at Northern Arizona University.
|Beaten-down Apple stock has best day in 2 years|
|No rate hike: Fed stays put post-Brexit|
|Bill O'Reilly criticized for White House slavery comments|
|Owner of ClintonKaine.com wants $90,000|
|Alabama is so broke it may start a state lottery|