Thursday, January 15, 2015

Students now pay more of their public university tuition than state governments - Danielle Douglas-Gabriel, Washington Post

It used to be that attending a public university all but guaranteed graduating with little to no debt. State governments funneled enough money into higher education that families could send their kids to a local school without worrying about taking out a second mortgage or private loans to pay their way. Not so anymore. These days students pay more of the cost of attending public universities than state governments, a shift that is making college less affordable, according to a recent Government Accountability Office report. Researchers found that the money public colleges collect in tuition surpassed the money they receive from state funding in 2012. Tuition accounted for 25 percent of school revenue, up from 17 percent in 2003. State funding, meanwhile, plummeted from 32 percent to 23 percent during the same period. http://www.washingtonpost.com/news/get-there/wp/2015/01/05/students-cover-more-of-their-public-university-tuition-now-than-state-governments/

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