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Public universities are hugely subsidized by the state.
by jivatmanx 14y ago
Public universities are hugely subsidized by the state.
- eli_gottlieb 14y agoIn many places states are just another donor to their public universities, budget-wise.
- jivatmanx 14y ago" According to the Delta Cost Project, most of the nation’s public research universities had more than half their costs paid by tuition in 2008, and other four-year public institutions were hovering near the 50 percent mark. With three more years of tuition increases, they, too, have probably passed it, said Jane V. Wellman, executive director of the project, leaving only community colleges as mostly state-financed." http://www.nytimes.com/2011/01/24/education/24tuition.html?pagewanted=all&_r=0 http://www.nytimes.com/2011/01/24/education/24tuition.html?p... ≈50% is a fairly large amount of subsidy.
- eli_gottlieb 14y agoBut it's not 50% subsidy, it's just 50% things other than tuition. There's also various donations and grants.
- HarryHirsch 14y agoYou wish. It used to be that way, and it used to make up for the comparatively small endowment, but it isn't the case any longer.