Are The Days Of Cheap College In Missouri Ending? Budget Crisis Will Test It
Missouri’s four-year universities had a deal with the state that started about 10 years ago.
In exchange for steady state revenue — or a small increase even, during some years — colleges agreed to not raise tuition, or raise it nominally based on the rate of inflation.
It has paid off in that Missouri has led the nation in keeping the cost of tuition down. The average cost of tuition statewide has gone up by less than $750 from 2008-16, according to the Center on Budget and Policy Priorities, less than half the increase seen by most of Missouri’s neighboring states.
But a state budget crisis could test how much longer that deal, a 2007 tuition cap law, with higher education will continue.
On Monday, Gov. Eric Greitens announced he was withholdi