This study examines trends in state funding and tuition revenue in higher education over the past four decades and updates our past research on the subject using the latest data.
- From 1980 to 2020, inflation-adjusted state funding has increased by $16 to $52 per student per year. These increases indicate that “state disinvestment” is a myth.
- State funding has completely recovered from the cuts made during the Great Recession.
- From 1980 to 2020, inflation-adjusted tuition revenue increased by $127 to $143 per student per year.
- Inflation-adjusted total educational/instructional revenue increased substantially over time, and 2020 set a record high of $15,276 per student.
- Changes in state funding do not explain changes in tuition.