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Webber, Douglas – Education Next, 2018
How did State U. get so expensive? A leading culprit is reduced state support. Since 1987, the typical student at a public college or university has seen the government subsidy for her education drop by $2,337, or roughly one quarter. And in prior research, the author found that every $1,000 in state divestment leads colleges to raise tuition by…
Descriptors: Higher Education, Public Colleges, State Aid, Funding Formulas