According to the WSJ …
Tuition at public colleges jumped last year by a record amount.
The average amount that students at public colleges paid in tuition climbed 8.3% last year, the biggest jump on record.
In some cases, state tuition has risen so much that costs approach what students might pay at a private college.
Tuition revenue accounted for a record 47% of educational funding at public colleges last year.
Rising tuition costs are “another example of the bind that public institutions are in,” said Sandy Baum, an economist at Skidmore College.
“Unless we make public funding a higher priority, the funds are going to have to come from parents and students.”
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Ken’s Take:
The Homa Files 