Sagging State Funding Jacks Up College Tuition
Career College Central summary:
Despite some recent tuition freezes for the 2013-14 school year, public universities continue to suffer from significant spending cuts by their own states. Education experts say the state funding cuts are the primary driver of tuition inflation in recent years.
Between 2007 and 2012, 15 states have experienced declines in higher-education funding per full-time student of nearly 30% or more, according to a report on higher-education financing put out by the State Higher Education Executive Officers Association earlier this year. Since the recession, 48 states have cut state appropriations while just two have increased funding.
New Hampshire is the state that's been hardest hit by state budget cuts since 2007. Funding has dropped by more than half.
View the state-by-state figures.
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