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Politics

Mo.’s Higher-Ed Revenue Per Student Down Sharply

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Education
Election Returns

JEFERSON CITY, Mo. (AP) __ In recent years, Missouri has cut aid
to colleges and universities and held down tuition increases while
the number of students has risen. The result is that Missouri has
seen one of the largest declines nationally in per-student revenues
for higher education.
Missouri’s total available revenues for higher education
institutions declined by 12 percent on a per-student basis from the
2005 to 2010 fiscal years, according to a report released this week
by the State Higher Education Executive Officers, a national
association for the CEOs of state higher education coordinating
boards.
That was the second largest decline nationally, behind only a
13.4 percent drop in New Mexico.
The association’s revenue figures include money available both
from state aid and student tuition.
Missouri Higher Education Commissioner David Russell said Friday
that the report reflects economic realities.
“The desire to adequately fund higher education exists, but the
means to do it is lacking,” Russell said in a written statement.
“Institutions are educating more students with fewer resources,
and that is likely to continue to be the case until new sources of
revenue are identified or the economy recovers.”

Copyright Associated Press

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