Public Colleges Chase Out-of-State Students, and Tuition
The New York Times reported on July 7, 2016, on how “Public Colleges Chase Out-of-State Students, and Tuition.” Here’s an excerpt:
Since the 2008 recession, states have reduced spending on public higher education by 17 percent, while tuition has risen by 33 percent, according to a recent report by the nonpartisan Center on Budget and Policy Priorities.
The University of California system relied on state money for almost a quarter of its budget as recently as 2002, according to the American Academy of Arts and Sciences. Now, that figure is 9 percent, after $1 billion in cuts.
Students who once could afford high-quality educations at their state public universities now pay nearly twice what they used to pay, part of the driving force behind a $1.27 trillion student debt bill.
Read the full article on the The New York Times website.