Source: Hechinger Report
States have collectively scaled back their annual higher education funding by $9 billion over the last 10 years, when adjusted for inflation, the Center on Budget and Policy Priorities reports. State appropriations per full-time student have fallen from an inflation-adjusted $8,489 in 2007 to $7,642 in 2017, according to the State Higher Education Executive Officers Association. That has pushed up the portion of university budgets that come from students to $6,572 from $4,817 over the same 10 years. Ten years ago, students and their families paid for about a third of university operating costs…now they pay for nearly half.