Study: Less State Funding Has Hiked College Tuition by Nearly 40% Since 2008 Crisis

Decreases in state funding have pushed the cost of higher education to historic levels over the past decade, according to a new report by a budgetary think tank. The 22-page analysis by the Center on Budget and Policy Priorities said Thursday the average cost for tuition at four-year public institutions in all 50 states increased by nearly 40 percent between 2008 and 2018, or a little over $2,700. Overall funding for two- and four-year state colleges and universities, meanwhile, decreased by $6.6 billion.