For the past 30 years, U.S. colleges and universities have been increasing tuition costs by 2% to 5% per year. But that doesn’t mean all those dollars are allocated for increased school spending on student education. Despite the tuition hikes, education spending is flat or falling at many public and private institutions. With revenue streams like state subsidies drying up, colleges aren’t relying as heavily on those means to pay for the cost of education—they’re making students and families pay for more of it themselves.
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