Report – College Spending in a Turbulent Decade

Report – College Spending in a Turbulent Decade

http://www.deltacostproject.org/pdfs/Delta-Cost-College-Spending-In-A-Turbulent-Decade.pdf

College Spending in a Turbulent Decade: Findings From the Delta Cost Project, A Delta Data Update 2000–2010, December 2012

• “Two years after the onset of the Great Recession, nonprofit colleges and universities found themselves struggling with their finances. Average per-student spending on academics declined in fiscal year (FY) 2010, and despite per-student spending cuts to prerecession levels at four-year institutions, students shouldered a larger share of the cost this time around. Even in private nonprofit colleges, average educational spending per student declined for the first time in a decade. However, it is higher education’s most accessible institutions—community colleges—that took the greatest financial hit in 2010.1 As funding failed to keep pace with historic increases in enrollment, educational spending per student plummeted to its lowest level in a decade.”

16 page PDF

http://www.deltacostproject.org/pdfs/Delta-Cost-College-Spending-In-A-Turbulent-Decade.pdf

Stephen