Wednesday, March 6, 2013

Higher Ed $$: NM Almost Wins

The competition was the race for leading the five-year inflation adjusted change in average net tuition paid per full time student. Change of course means increase. We were second to Georgia which increased net tuition 77.5% for the five years from 2007 to 2012. New Mexico's increase was 54.3%.

The net part means the numbers are after deducting state and institutional grants and scholarships. The numbers are in a report released today by State Higher Education Officers Association ( The report is the annual State Higher Education Finance (SHEF) report. Find it at—-state-higher-education-finance-fy12.

In the race for leading the reduction of funding per full time student, we weren't competitive, finishing only in the second group which cut support from 20% to 40%.

Two states reduced tuition during the period—Wyoming and Arkansas. Two states increased the financial support—resource rich North Dakota and bankrupt Illinois.

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