McRaven: UT System Schools Need Tuition Hikes

I find this reading fitting since we have just gone over the Personal University Fund in class. On, February 10, 2016, The Texas Tribune released a story saying that the UT System Schools Need Tuition Hikes. Chancellor Bill McRaven's reasoning for this is because the eight universities that he oversees are collecting less tuition than the other universities around. Because of the lack of money coming in, it is causing low faculty salaries, which is also holding back these schools from moving up in the rankings. Regents have to approve the tuition hikes, which is already in motion and should be up for a vote and final approval later this Spring. I believe in the school systems needing to be at their best, but I also believe that it is hard enough for some students to pay for school, without having to take out student loans which pretty much rob students, and end up taking a life-time to pay back. I just wonder if there is a better way to help with the school rankings without putting a bigger dent in students pockets.