The Baylor University Board of Regents met today and approved names for buildings in East Village as well as spending measures for a new business school building and a new track facility.

The Gordon Teal Residential College, the north building, will be housing for engineering and computer science students. The south building has been named Hallie Earle Hall and will house the Science and Health Living and Learning Community. The middle building will serve as dining and administrative space and will be called East Village Dining Commons.

College tuition inflation rates historically increase two times faster than the inflation rate of the dollar, according to Simple Tuition Services 2013. With rates such as these, students may struggle to pay for college.

Baylor’s tuition was $18,430 a year with fees in 2003, and in 2008, the tuition was, with fees, $26,234. Baylor University’s current tuition is roughly $36,137 per semester, with estimated fees attached. Some simply cannot afford to pay.

Many college graduates have high expectations for a job right out of college. The reality is, many of those expectations won’t be met.

“In today’s economy, recent college graduates are taking the first job that offers a paycheck – not necessarily the job their college education prepared them for,” said Baylor graduate Kevin Blair.

“The current job market has forced people to find refuge in a collegiate setting, only to accumulate debt that must be paid off,” said Arlington sophomore Kacie Evans.

“Baylor Football finally returns home,” said Judge Ken Starr, president of Baylor University, at a press conference held Tuesday, May 7, to update on the new Baylor Stadium.