The New York Times has an interesting piece about the changing nature of university budgets and what this change means for students. (HT: Maureen Eckert)
For bargain-hunting families, state colleges and universities, supported by tax money, have long been a haven from the high cost of private education.
But tuition bargains are fading as the nation’s public universities undergo a profound shift, accelerated by the recession. In most states, it is now tuition payments, not state appropriations, that cover most of the budget.