The Real Reason College Tuition Costs So Much

…far from being caused by funding cuts, the astonishing rise in college tuition correlates closely with a huge increase in public subsidies for higher education.

  Reconnaissance Marine MCI 03.32f: Marine Corps InstituteIn my field (range management), these “public subsidies” come, mostly from USDA grants to do Big Ag’s research for it. — jtl, 419

By PAUL F. CAMPOSAPRIL via The New York Times

Credit Laurie Rollitt

The Betrayed: On Warriors, Cowboys and Other MisfitsBOULDER, Colo. — ONCE upon a time in America, baby boomers paid for college with the money they made from their summer jobs. Then, over the course of the next few decades, public funding for higher education was slashed. These radical cuts forced universities to raise tuition year after year, which in turn forced the millennial generation to take on crushing educational debt loads, and everyone lived unhappily ever after.

Combat Shooter's HandbookThis is the story college administrators like to tell when they’re asked to explain why, over the past 35 years, college tuition at public universities has nearly quadrupled, to $9,139 in 2014 dollars. It is a fairy tale in the worst sense, in that it is not merely false, but rather almost the inverse of the truth.

Planned Grazing: A Study Guide and Reference ManualThe conventional wisdom was reflected in a recent National Public Radio series on the cost of college. “So it’s not that colleges are spending more money to educate students,” Sandy Baum of the Urban Institute told NPR. “It’s that they have to get that money from someplace to replace their lost state funding — and that’s from tuition and fees from students and families.”

A Handbook for Ranch ManagersIn fact, public investment in higher education in America is vastly larger today, in inflation-adjusted dollars, than it was during the supposed golden age of public funding in the 1960s. Such spending has increased at a much faster rate than government spending in general. For example, the military’s budget is about 1.8 times higher today than it was in 1960, while legislative appropriations to higher education are more than 10 times higher.

The Essence of Liberty: Volume I: Liberty and History: The Rise and Fall of the Noble Experiment with Constitutionally Limited Government (Liberty and ... Limited Government) (Volume 1)   In other words, far from being caused by funding cuts, the astonishing rise in college tuition correlates closely with a huge increase in public subsidies for higher education. If over the past three decades car prices had gone up as fast as tuition, the average new car would cost more than $80,000.

The Essence of Liberty: Volume II: The Economics of Liberty (Volume 2)Some of this increased spending in education has been driven by a sharp rise in the percentage of Americans who go to college. While the college-age population has not increased since the tail end of the baby boom, the percentage of the population enrolled in college has risen significantly, especially in the last 20 years. Enrollment in undergraduate, graduate and professional programs has increased by almost 50 percent since 1995. As a consequence, The Essence of Liberty: Volume III: A Universal Philosophy of Political Economy (Liberty: A Universal Political Ethic) (Volume 3)while state legislative appropriations for higher education have risen much faster than inflation, total state appropriations per student are somewhat lower than they were at Environmental & Natural Resource Economics: The Austrian Viewtheir peak in 1990. (Appropriations per student are much higher now than they were in the 1960s and 1970s, when tuition was a small fraction of what it is today.)

As the baby boomers reached college age, state appropriations to higher education skyrocketed, increasing more than fourfold in today’s dollars, from $11.1 billion in 1960 to $48.2 billion in 1975. By 1980, state funding for higher education had increased a mind-boggling 390 percent in real terms over the previous 20 years. This tsunami of public money did not reduce tuition: quite the contrary.

For example, when I was an undergraduate at the University of Michigan in 1980, my parents were paying more than double the resident tuition that undergraduates had been charged in 1960, again in inflation-adjusted terms. And of course tuition has kept rising far faster than inflation in the years since: Resident tuition at Michigan this year is, in today’s dollars, nearly four times higher than it was in 1980.

State appropriations reached a record inflation-adjusted high of $86.6 billion in 2009. They declined as a consequence of the Great Recession, but have since risen to $81 billion. And these totals do not include the enormous expansion of the federal Pell Grant program, which has grown, in today’s dollars, to $34.3 billion per year from $10.3 billion in 2000.

It is disingenuous to call a large increase in public spending a “cut,” as some university administrators do, because a huge programmatic expansion features somewhat lower per capita subsidies. Suppose that since 1990 the government had doubled the number of military bases, while spending slightly less per base. A claim that funding for military bases was down, even though in fact such funding had nearly doubled, would properly be met with derision.

Continue reading the main story

Reconnaissance Marine MCI 03.32f: Marine Corps InstituteAll unclassified Army and Marine Cops manuals and correspondence courses are products of the US Federal Government. They are NOT subject to copyright and can be freely copied and redistributed.

The Marine Corps Institute (MCI) develops correspondence courses for Marines with all kinds of Military Occupational Specialties (MOS) on all manner of subjects. This is one of those courses.

The print is relatively small because that is the way it was in the original and this is an exact reproduction. Also, as a tribute to the individual (and a touch of reality), you will notice that the editorial pencil marks and underlined passages that were put there by the Marine that took this course. They were intentionally left in the reproduction.

This version of the course was authorized in September of 1984. With the exception the development of Infrared technology, it contains information and techniques that have changed very little since the Vietnam war. These battle proven tactics are as valid today as they were in Quang Nam province in 1968.

They will maintain their validity during the upcoming inevitable event of total economic, political and social collapse. Yours for freedom in our lifetimes. jtl, 419

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About Land & Livestock Interntional, Inc.

Land and Livestock International, Inc. is a leading agribusiness management firm providing a complete line of services to the range livestock industry. We believe that private property is the foundation of America. Private property and free markets go hand in hand—without property there is no freedom. We also believe that free markets, not government intervention, hold the key to natural resource conservation and environmental preservation. No government bureaucrat can (or will) understand and treat the land with as much respect as its owner. The bureaucrat simply does not have the same motives as does the owner of a capital interest in the property. Our specialty is the working livestock ranch simply because there are so many very good reasons for owning such a property. We provide educational, management and consulting services with a focus on ecologically and financially sustainable land management that will enhance natural processes (water and mineral cycles, energy flow and community dynamics) while enhancing profits and steadily building wealth.
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