"Financing for Colleges Declines as Costs Rise"

Lewin, Tamar. “Financing for Colleges Declines as Costs Rise.” NYtimes.com. New York Times, 6 March 2013. Web. 2 May 2013. http://www.nytimes.com/2013/03/06/education/aid-for-higher-education-declines-as-costs-rise.html?_r=1&


In this article, they talked a lot about the government funding for colleges and universities and how that has decreased rapidly. When talking about students paying more for education it said, "Students are paying more, while public institutions are receiving substantially less money to educate them." This article had a lot of good statistics about how tuition has increased over time and how the government funding has been down. The article gave the statistic that, "In 2008, before the recession, state and local government provided a record high of $88 billion to colleges and universities." After the recession, the government tried to keep the stimulus funds level through 2009-2011 but after they ran out of the the stimulus money there was a huge decline in government support for colleges and universities. While there was decrease in government funding for universities, there was a 28% increase in enrollment over 10 years at public universities. There are many people around the world that are affected by the cost of higher education, but the people that feel the most pressure are the politicians because they are the ones that have to come up with a plan to distribute whatever money they have correctly and make sure that they please the country while creating their plan as well. This article helps show how much of an issue the rising cost of higher education really is. The government spending has decreased and the cost of tuition and enrollment are increasing, so right now this is a lose-lose situation.