Explaining the High Cost of College

The most striking fact about American colleges and universities over the last fifty years is how rapidly the cost of attending has risen. A good perspective on the college cost explosion is found in a November, 2017 study prepared for the Joint Economic Committee of Congress. It states, “A student working full-time over the summer … Continue reading “Explaining the High Cost of College”

Did You Know? How the UNC System Spends $10 Billion

As a public institution, it’s vital that the University of North Carolina system is transparent with how it spends its money. As a form of accountability, the system is required by state law to provide publicly accessible financial data. In fiscal year 2020, the UNC system spent $9.7 billion, a total that excludes expenditures by … Continue reading “Did You Know? How the UNC System Spends $10 Billion”

NC’s Latest Higher Ed Budget: More Spending, Less Saving

The North Carolina General Assembly’s recently released budget for 2016-17 increases University of North Carolina System appropriations by $168 million, $31 million of which will be dedicated to fund projected enrollment increases. At many of the system’s 16 universities, however, increased funding for such a purpose is unnecessary. Furthermore, the new state higher education budget, … Continue reading “NC’s Latest Higher Ed Budget: More Spending, Less Saving”