Thursday, October 21, 2004

"Let them eat cake"...

Public University Tuition Is Up Sharply for 2004
By GREG WINTER
NY Times
Published: October 20, 2004

Tuition at the nation's public universities rose an average of 10.5 percent this year, the second largest increase in more than a decade, according to the latest annual survey by the College Board. Last year's rise, 13 percent, was the highest.

Private universities and community colleges also increased tuition, by 6 percent and 9 percent, in a year when inflation has been about 2.5 percent. The tuition increases at private and community colleges were also among the steepest in a decade. It is the first time that the average tuition at the nation's postsecondary institutions has surpassed $20,000 for a private college, $5,000 for a public university and $2,000 for a community college.

The survey of nearly 2,700 colleges and universities, released yesterday, did not try to determine the reasons for the steep increases. But among the many factors cited by its authors and other higher education experts were shrinking endowments, large increases in health insurance costs for campus employees and anemic spending on higher education by states.

"Until we publicly debate the quiet cost-shifting from state support to tuition that continues in far too many states, no amount of effort by our institutions to raise revenue and cut expenses will be able to preserve affordable tuition formulas, particularly at public colleges and universities," said David Ward, president of the American Council on Education, which represents college presidents.

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