-Contrary to explanations in popular media, the rise of college tuition since 2000 can be attributed largely to cuts in state funding of public schools.
-State public schools account for 2/3 of students in four year colleges.
-75% of rising costs attributed to state funding cuts, 25% to increased administrators, faculty salaries and new amenities and buildings.
-Assumption though is that state Universities would use increases in state funding to lower tuition instead of adding more to costs (like hiring more admins, building more buildings, etc).
Book Summaries. Less than 272 words. 