Tag: Public Support For College Finance
Tuition tax credits and other tax breaks to offset the cost of higher education — nearly invisible federal government subsidies for families that send their kids to college — disproportionally benefit more affluent Americans. So do tax-deductible savings plans and the federal work-study program, which gives taxpayer dollars to students who take campus jobs to help pay for their expenses. (The Hechinger Report, March 9)
STUDENTS FOOTING MORE OF THE BILL FOR HIGHER EDUCATION
The “public” component of public higher education is rapidly eroding, with public colleges now getting more than 43 percent of their revenues from student tuition as opposed to state and local taxpayers, compared to less than 30 percent as recently as a decade ago.The figures come from a new report out Friday offering the latest snapshot of who pays the bill for America’s public colleges and universities, which educate roughly 70 percent of students. SHEEO, a group representing state higher education officials, finds that amid surging demand for college, per-student state and local funding for higher education has fallen 12.5 percent over the last five years and reached its lowest point in the 25 years of the study. The article is in the Atlanta Journal Constitution.