Matthew Philips
10/27/2011 | 9:37 am
The numbers are in on how much it costs to go to college this year, and (surprise) they’re up again, thanks largely to decreases in state funding and increasing enrollments. The biggest price hikes came in the public sector: An 8.7 percent increase for in-state tuition at public two-year schools, and an 8.3 percent jump in the price of four-year public institutions, for in-state students.
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Now lets throw that up next to a plot of student loans, insurance/health provider profits, and the rate of growth in the M2 money supply and see if there is any correlation.
Hey woodshedder, sorry this is OT but I found a nice one for your news feed http://www.israelnationalnews.com/News/News.aspx/154126
Using UCSD as an example, from 1990 to 2011:
Revenue from state education funding increased 1.3%/year
Revenue from student tuition and fee payments rose 10.1%/year.
These are nominal dollars and total (not per-student) revenue, so the real change in state funding was negative and the real change in state funding per student has been dramatically negative.