Student tuition and state funding nears 50-50 split in covering college costs
With the price tag to attend the state’s public universities likely to increase next year, Connecticut is about to cross a historic threshold in which students pay more than the state to cover the public institutions’ costs.
Tuition revenue last school year covered 47.5 percent of the costs at Connecticut’s public colleges and universities, a 3.5 percent increase from the previous year, the State Higher Education Executive Officers Association outlines in their annual report released last week.
The state share has steadily decreased over the last 25 years. In 1987, tuition accounted for 20.3 percent of revenue. In 2002, tuition made up 32.2 percent of revenue.
Tuition dollars accounting for a higher proportion of higher education system’s budget is a national trend, the report finds.
See here for a chart of Connecticut’s history with tuition.
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