States want you to graduate

But now expect you to pay for most of it.  In Tennessee, funding has switched from the state providing 60% of the cost of higher education few years ago to the current situation where students now pay 67%.  This flip flop is verified at PolitiFact. This trend particularly hurts adult students, since they have fewer options for financial aid than traditional aged students.  Fewer options and more responsibilities.  This comes from Daniel Luzer's blog in The Washington Monthly.

State Sources Now Provide Only Half of Public Higher Education Funding
Politicians like to talk about the importance of college, but state policymakers are spending less and less on higher education every year. 
We’re about to reach a turning point in higher education, and not a very good one. 
According to the latest report of the State Higher Education Executive Officers, tuition made up 47 percent of public colleges’ educational costs in 2012. Soon we’re about to be in a place where states provide less than half of the funding for America’s public colleges. 
It’s a pretty rapid decline. In 1987, the report tuition revenue was for about a quarter of college revenue. A decade ago tuition accounted for about a third of college funding. 
Average state and local per-pupil spending on higher education is now a mere $5,900 a year. That’s a 9 percent decline from 2011.

Comments

Popular posts from this blog

Completion