Report Shows Public Higher Education’s Reliance On Tuition
Tuition dollars made up roughly 47 percent of revenues for public higher education for the third straight year in 2014, cementing a trend in which tuition revenue now rivals state appropriations as the main funder of public colleges and universities.
Tuition dollars in 2014 made up 47.1 percent of public higher education revenues, down slightly from last year’s level of 47.7 percent, an all-time high, according to the State Higher Education Finance report for fiscal 2014 released today by the State Higher Education Executive Officers association.
Public colleges rely on tuition dollars nearly a third more than they did before the recession. In the five years preceding the economic decline, tuition accounted for a significantly smaller share of public higher education revenues, hovering around 36 percent.