Public Colleges Relying More on State Funding
This year’s State Higher Education Finance report revealed that for the second straight year, public colleges and universities are depending more on state funding and less on tuition revenue. The study found that tuition made up 46.5 percent of public college revenue in 2015, marking another drop from the 47.8 percentage recorded in 2013. While public higher institutions are slowly recovering from pre-recession levels, the study also noted that state funding remains uneven across the country.
For the full scoop on the State Higher Education Finance FY 2015 report, visit the Inside Higher Ed website.