| This has very little to do with some conspiracy between bankers and universities to indebt students and raise massive capital by massively expanding the university far beyond it's means. Deep into this article the author hits on what is really at the core of steep tuition inclines. A rapidly reducing share of university funding coming from state governments turning once public institutions into defacto privatized universities.[1] In this chart [2] UWashington lays out in 2013 dollars that total tuition per student has been around 17,000 for 25 years, however during that period the state contribution was reduced from $14,000 to $5000, while student tuition rose from $3,000 to $12,000 > "This is an important shift in who pays for higher education. In 1990, the state provided nearly 80% of the funding per
student and UW students paid 20% of the funds. In 2011, the state will pay around 30% and UW students will pay 70%." [3] [1]: http://www.insidehighered.com/news/2006/08/10/private#sthash... [2]: http://imgur.com/HqVVc0P [3]: http://www.washington.edu/externalaffairs/files/2012/10/tuit... |
If true, that would make UWashington a shining beacon of frugality and equality (or a really low-end university). That tuition has been massively outpacing inflation is something I have heard from too many different sources to dobut, so the question is: Is UWashington lying in that paper, or is exploding tuition something that affects only a small number of universities (and thus students), and in the latter case why don't students switch to cheaper universities?