Per-student Spending on Public Higher Ed Drops to 25-Year Low

The amount being spent per student by public colleges and universities has fallen to its lowest level in at least 25 years, a result of state budget cuts that a new report warns are rapidly eroding the nation’s educational edge over its international competitors.

The report, by the Boulder, Colorado-based State Higher Education Executive Officers, or SHEEO, shows that state and local financial support for public colleges and universities fell 7 percent last year, on top of a 9 percent drop the year before. And while enrollment also fell slightly—a result, the organization’s president said, not of lower demand, but of higher tuition—it’s still higher than in 2008, when the steep budget cuts began.

Per-student spending on public higher ed drops to 25-year low

The result is that the amount being spent, per student, is $5,896, the lowest level in the 25 years since it’s been tracked by SHEEO. And a much higher proportion of that is being charged to families in the form of tuition than is being covered by states.

Nearly half of the cost of public higher education is now borne by students in the form of tuition, more than double the proportion of 25 years ago, SHEEO said. <Read more.>

Via Jon Marcus, The Hechinger Report.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s