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Marquette tuition breakdown released

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Infographic courtesy of Chuck Lamb

Infographic courtesy of Chuck Lamb

After calls for increased transparency of tuition use following the announcement of next year’s 4.25 percent – or $1,390 – price bump, Vice President of the Office of Finance Chuck Lamb released a breakdown of university costs by percentage Wednesday.

The breakdown is represented in the graphic at right. Lamb said the majority of costs are associated with compensating, retaining and recruiting faculty and staff, which accounts for 51 percent of each tuition dollar.

“Marquette’s tuition costs are less than the average for the 28 Jesuit institutions, and our increase this year was less than the previous two years,” Lamb said in an email. “While these facts assist in understanding how we compare to our Jesuit cohorts, we recognize that much work remains to be done in achieving additional cost efficiencies, communicating our efforts and ensuring students and parents that we are good stewards of their tuition dollars.”

Lamb was unavailable to comment further Wednesday afternoon. Check back in Tuesday’s Tribune for additional information.

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