As the cost of living continues to go up, so do expenses for everyone.
For Western Kentucky University, it's a $6.4 million fixed cost increase.
"A five-percent tuition increase will allow us to cover our fixed cost increases and that's it. Anything less than a five-percent increase given those fixed cost increases would mean a budget reduction," says WKU President, Gary Ransdell says.
WKU's $400 million budget allows them to pay for 2,300 employees and 21,000 students.
"We are about as efficient as you can get as a university. Any further reduction in our budget is going to result in the loss of jobs and personnel, and we are trying to avoid that," Ransdell says.
While Western Kentucky University is a state-funded school, Ransdell says most of their budget comes from tuition.
"We have completely shifted the financial dynamic over the last dozen years, shifting from state having most of the responsibility to now, students having most of the responsibilities. That's the reality that we face with the decline in state support," he says.
Ransdell says 60% of the WKU budget comes from tuition, while only 18% of the budget is state funding.
"I already pay double what the in-state is and on top of that, I'm going to have to pay more, and it's hard coming from California to pay that much to go to school in Kentucky," WKU student, Amy Lynne Hicks says.
In-state students will be paying an additional $400 on the year, and that will be even more for out-of-state students.
"Western is definitely a reasonable school for what i am getting. It sucks that tuition is going up, but I love Western and I'll stick with it," Hicks says.
For some WKU students, a college education is worth it.
The WKU Board of Regents will meet April 26th to set the budget for the next school year.
If the five-percent tuition increase is approved, it will go into effect on July 1st.
WKU is the third most expensive state-funded university in Kentucky, behind University of Kentucky and University of Louisvile.
At the same time, WKU is the third largest university, and the second largest undergraduate program in Kentucky.