The Chronicle of Higher Education
April 1st, 2015
Public flagship universities appear to have become less affordable
over the past five years to the very people they were created to serve —
the residents of their home states.
Affordability at public colleges depends on two factors: the price,
which is itself partly a function of state support, and students’
ability to pay it. And as this Chronicle analysis shows, in
nearly four out of five states, the average net price of the flagship
university now makes up a greater proportion of the median household
income for state residents than it did five years earlier. Put another
way, the average net price at flagships increased at a far faster pace
than did median household incomes.
You can plainly see that in this simple chart. Or, maybe not so simple, so stick with us for the full breakdown of the findings.