INNOVATION IN HIGHER EDUCATION

LS360 Presents…

State Appropriation Reduction

• “Change in State Aid Funding,”

• FY 2000-2013

05

10152025303540

MCC State Aid (Millions)

State Appropriations at CPI

26.2%

25.1%41.1%

7.6%

MCC Percent of Funding FY12

Taxes

State Aid

Tuition and Fees

Other

24.4%

37.1%

26.6%

11.9%

MCC Percent of Funding FY00

Taxes

State Aid

Tuition and Fees

Other

Average Expenses for Higher Education

27,200

10,444

24,488

15,635

Ave debt for BA (Four year public)

Ave debt for AA (Two year Public)

Ave total cost for BA (Four year Public)

Ave total cost for AA (Two year Public)

Source: CollegeBoard

Ave debt for BA (Four year public) Ave debt for AA (Two year Public)

Ave total cost for BA (Four year Public) Ave total cost for AA (Two year Public)

State Appropriation Reduction

State Appropriations at CPI

$51 $52 $51 $52 $52 $53$56 $58

$59$55

$51$47

$60 $61 $63 $65 $67 $69$71 $71

$73 $74 $75$78

$81

$0

$10

$20

$30

$40

$50

$60

$70

$80

$90

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

UCM Appropriation CPI Adjusted

$ (34) MGAP

FBelow Chart Assumes 3% CPI for FY 2012-13 and 7.8% State Funding Reduction in 2013.

Appropriations versus Tuition & Fees

$0

$10

$20

$30

$40

$50

$60

$70

$80

2000 2006 2013

Ap

pro

pri

ati

on

s, $

57

Ap

pro

pri

ati

on

s, $

52

Ap

pro

pri

ati

on

s, $

47

Tu

itio

n, $

30

Tu

itio

n, $

54

Tu

itio

n, $

77

Millio

n

Fiscal Year

65%

35%

62%

38%

49% 51%

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