These 10 stats are taking higher ed’s breath away — from ecampusnews.com by Meris Stansbury
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5. Spending on instruction has remained flat.
…
9. Public and private university debt has nearly tripled from $54 billion to $151 billion over the last decade. Comparable data is not available for private universities, and for-profit data begins at 2010; in 2012, their debt amounted to an additional $95 billion.
10. Annual spending on interest payments per enrolled student nearly doubled at public four-year colleges from $488 in 2002 to $909 in 2012. Interest costs per enrolled student at community colleges increased from 273 percent of their 2002 level, from $166 to $452. Interest costs for private four-year colleges increased to 161 percent of their 2002 level from $990 to $1,589.
Also see:
Excerpt:
We have shown that financing costs per enrolled student have increased by 53 percent across the across the American higher education system while instructional and overall costs per enrolled student have remained flat. More research is needed to assess how these increases in financing costs do or do not impact policy objectives such as affordability, increased access, and college completion.