College Spending Trends Show Students Bearing a Growing Share of the Costs
That disparity, the report warns, has national ramifications. While so much public and media attention goes to a small handful of elite institutions, “the largest majority of students are being served in institutions that spend on average, about $10,000 per student per year—no more than we spend for elementary and secondary education.” The report, “Trends in College Spending, 1999-2009,” paints a picture of higher education in the United States as an enterprise that is turning increasingly to tuition increases to fill financing gaps—a trend that fuels students’ and parents’ unease about the cost of higher education. “They see prices going up, and they don’t see the benefit” from those increases, says Jane V. Wellman, a co-author of the report. “And they’re right.”
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by Goldie Blumenstyk, The Chronicle of Higher Education.