The Rising Price of Higher Education
By William Trombley
State spending for public colleges and universities dropped sharply last year, as the state-by-state numbers contained in this special report from the National Center for Public Policy and Higher Education demonstrate. At the same time, tuition and required fee charges rose significantly in many states, and some states reduced their student financial aid programs.
The result was the worst fiscal news for public higher education institutions and their students in at least a decade, as the economic recession struck almost every state. So far this year, the picture looks even bleaker, with states continuing to cut higher education appropriations and campuses responding by raising tuition even higher, imposing new fees and reducing student financial assistance.
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