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According to The New York Times' Paul F. Campos, tuition rates are more the victim of "the constant expansion of university administration" than state-funded budget cuts.
Public colleges and universities are supposed to be affordable options for students seeking a degree, but years of state budget cuts have led to increased tuition that families are struggling to afford. If states continue down this path of disinvestment, some will soon contribute nothing to higher education and leave schools and parents to fend for themselves, according to a series of new reports.
While income is distributed unequally in the country, what few people know is how much more unequally wealth, financial assets and inheritances are distributed.
The skyrocketing price of college tuition at previously affordable state colleges and universities is a longstanding source of concern, especially for people graduating with mountains of student debt. People have many theories as to why this is happening: administrative bloat, too-high salaries for professors, or perhaps too many unnecessary new buildings.
New Demos Report Shows State Disinvestment in Public Higher Education is Driving Tuition Increases
Decreased State Funding is Responsible for Nearly 80 Percent of the Rise in Public Education Tuition
Recently, there has been much debate about the real cause of tuition increases, which have risen by nearly $3,000 at public four-year universities in the last decade alone. To meet these costs, U.S. students must take on crushing levels of debt just to access education that was readily affordable for previous generations.
Public university students today pay $3,000 more in annual tuition than their counterparts a decade ago.
Why that is depends on whom you ask. Some pundits like to blame administrative bloat or the construction boom. Within higher education, many cite the decline in state support.
“[P]ublic higher education in this country no longer exists,” writes Hiltonsmith. “Because more than half of core educational expenses at ‘public’ 4-year universities are now funded through tuition, a private source of capital, they have effectively become subsidized private institutions.”
While higher education spending used to fluctuate with the economy and tanked during the recession, it has not rebounded as the economy regains strength.