The University of La Verne has 2,316 Traditional Undergraduates. Tuition for each undergraduate is $45,850.  If we were to take $45,850 and multiply that by 2,316 traditional undergraduates, and we have a total of $106,205,970.
 
ASULV proposes discounting every student 5% from the amount of $45,850, which would then leave us at approximately $43,557 for an online education. A 5% discount on tuition is the equivalent of approximately $2,300, which is little more than the $1,300 increase in tuition for this academic year. If every student received the 5% discount on tuition (i.e., $43,557 (x) 2,316), then that would leave university administrators with about $100,879,170. That amount is over a hundred million dollars that university administrators, the Chief Financial Officer, and the Board of Trustees may use to fund jobs, departments, and programs on campus.
 
It is likely that a little over $5 million can be perceived as an incredible loss that the university absolutely cannot afford to make. However, we have a potential solution to assuage any university reservations about jeopardizing capital.
 
This 5% cut does not cause impact financial aid, faculty, athletics, student life, the health center, or any essential resource that needs to continue operation.. Since we are going to be mostly online there are certain departments and division of the university, such as grounds keeping, janitorial staff, utilities of now-empty buildings, campus security, etc. that can be drastically reduced in their funding dollars, to account for the very minimal amount of people on campus.
 
ASULV is ready to meet the moment and put students and their call for tuition discounts first. This idea of tuition discounts is not out of the ordinary. According to recent articles by the Washington Post, the Wall Street Journal, and CNBC, universities are discounting students from five to fifteen percent; comparatively, other institutions are clinging to their bottom line, and are more than willing to run the risk of a heavy loss in enrollment numbers and overall student satisfaction.
 
ASULV calls for our Administrators and the Board of Trustees to recognize that their bottom line should not be to make a profit and push students further into debt; rather, their bottom line should be the welfare and educational advancement of their student population. Importantly, ULV celebrates itself as a Hispanic Serving Institution, yet ignores on a large scale that those of Hispanic background have been some of the hardest hit during this pandemic and recession (Pew Research). It is important that Administrators employ equitable solutions to help alleviate this financial stressor. 
 
 
We must ensure Administration listen to the needs of the students. That is why we as ASULV ask that you sign this petition. Let’s change this together. Let’s show the University of La Verne that tuition not only CAN to be discounted, but NEEDS to be discounted. Show that you too demand that ULV is ready to meet the moment and be on the ethical side of history.  
 
https://www.washingtonpost.com/local/education/discount-freeze-or-increase-how-universities-are-handling-tuition-this-fall/2020/07/31/63d6fae6-ccf3-11ea-bc6a-6841b28d9093_story.html
 
https://www.wsj.com/articles/how-to-get-a-big-break-on-the-cost-of-college-just-ask-11593440265
 
https://www.cnbc.com/2020/07/21/these-colleges-offer-tuition-discounts-for-distance-learning-this-fall.html
 
https://www.pewresearch.org/fact-tank/2020/05/05/financial-and-health-impacts-of-covid-19-vary-widely-by-race-and-ethnicity/
 
https://www.urban.org/features/tracking-covid-19s-effects-race-and-ethnicity