higher education finance: the lone star state versus the buckeye state
TRANSCRIPT
+
Higher Education Finance:
The Lone Star State versus The Buckeye State
Rachel Esterline Perkins
Central Michigan University
EDL 764 | Spring 2015
+
+Tuition and Fees, 2014-2015
Ohio's public two-year institutions cost more than $2,000 more on average.
Ohio public 2-year: $4,484
Texas public 2-year: $2,286
Tuition and fees at Ohio's public four-year institutions cost about $1,200 more than Texas' institutions.
Ohio public 4-year: $10,100
Texas public 4-year: $8,830
The difference between the average cost of tuition and fees at a private institution in Ohio versus Texas is under $200.
Ohio private 4-year: $30,977
Texas private 4-year: $31,172
+In recent news in Ohio…
Cantonrep.com, April 19, 2015
Governor’s proposal: “…Capped tuition hikes at 2 percent over two years…”
Legislators: “…Want a flat $200 cap on increases at four-year schools, with a $100 cap on two-year and regional campuses.
The House: “Ban ‘course overload’ fees for students who want to take more than the typical full loads.”
Dayton Daily News, Feb. 14, 2015
“Ohio’s 14 public universities have more than doubled the debt they owe in recent years to an unprecedented $6.5 billion.”
“Nearly all of the money college officials have borrowed is a result of building booms on Ohio’s campuses.”
“…Some of the state’s public universities are showing signs of a struggle to lure students into classrooms. The number of students who attended a four-year public college dropped from 338,300 students in 2010 to 331,156 students in 2013, according to Ohio Board of Regents.”
+Ohio
http://www.sheeo.org/
$7,3
06
$7,3
12
$7,0
93
$6,4
77
$6,0
36
$6,3
59
$6,7
20
$7,0
78
$7,7
60
$7,9
26
$7,7
97
$7,8
72
$7,9
08
$6,9
96
$6,5
54
$6,2
70
$5,8
00
$6,0
46
$5,8
69
$5,7
95
$5,9
37
$4,9
22
$4,7
33
$4,1
15
$4,3
67
$4,4
34
$4,4
71
$4,4
94
$4,6
32
$4,9
63
$5,1
50
$5,1
24
$5,3
01
$5,4
84
$5,7
59
$5,7
84
$5,5
00
$5,4
75
$5,3
41
$5,5
18
$5,7
90
$6,0
29
$6,0
84
$6,6
57
$6,9
65
$6,7
18
$6,5
42
$6,2
85
$6,2
93
$6,7
88
$7,6
83
$7,5
48
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
0
50
100
150
200
250
300
350
400
450
500
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
Do
lla
rs p
er
FT
E
Pu
blic
FT
E E
nro
llm
en
t(T
ho
usa
nd
s)
Public FTE Enrollment, Educational Appropriations and Total Educational Revenue per FTE,
Ohio -- Fiscal 1989-2014
Net Tuition Revenue per FTE (constant $) Educational Appropriations per FTE (constant $) Public FTE Enrollment
Note: Constant 2014 dollars adjusted by SHEEO Higher Education Cost Adjustment (HECA). Educational Appropriations include ARRA funds.
+In recent news in Texas…
Forbes, April 5, 2015
“The Texas Legislature is currently considering a bill—the “I CAN” Bill (“Incentivizing College Affordability Now”)—that would take statewide a new initiative called the Texas Affordable Baccalaureate Program (TABP), which offers targeted college degrees for far less than what Texas public university students currently pay.”
“According to a recent summary of data compiled by the Texas comptroller’s office, ‘In 2012, 20.5 percent of . . . [Texas’s] student loan borrowers were more than 90 days delinquent, surpassing the national rate of 17 percent and marking the 10th highest rate in the country.’”
Texas Tribune, April 8, 2015
A senate bill approved 5-1 by the Higher Education Committee “…Would limit tuition increases to the rate of inflation unless universities meet a majority of 11 ‘performance measures.’ Those measures include graduation rates, administrative costs and number of degrees awarded to at-risk students.”
Another bill: “Freezes tuition for the 2015-16 academic year, meaning tuition rates must exactly match the current academic year, except for universities that decided earlier than Jan. 1, 2015, to increase tuition for the next year.”
+Texas
http://www.sheeo.org/
$6,0
12
$7,9
07
$7,0
24
$7,3
66
$7,1
49
$7,3
31
$7,2
46
$7,4
26
$7,2
04
$7,5
40
$7,2
79
$7,7
91
$7,7
48
$8,0
48
$6,9
47
$6,7
98
$6,5
91
$7,4
44
$7,4
54
$8,1
45
$7,6
71
$8,2
26
$7,1
01
$6,5
75
$6,3
53
$6,9
43
$1,9
83 $
2,0
00
$2,0
50
$2,2
23
$2,4
46
$2,5
22
$2,7
16
$3,0
80
$3,3
77
$3,3
34
$3,1
19
$3,8
34
$3,9
90
$4,0
24
$3,8
83
$2,9
19
$3,1
58
$3,5
41
$4,0
67
$4,2
29
$3,9
01
$4,1
97
$4,2
69
$3,9
64
$4,3
69
$4,4
20
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
0
200
400
600
800
1000
1200
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
Do
lla
rs p
er
FT
E
Pu
blic
FT
E E
nro
llm
en
t(T
ho
usa
nd
s)
Public FTE Enrollment, Educational Appropriations and Total Educational Revenue per FTE,
Texas -- Fiscal 1989-2014
Net Tuition Revenue per FTE (constant $) Educational Appropriations per FTE (constant $) Public FTE Enrollment
Note: Constant 2014 dollars adjusted by SHEEO Higher Education Cost Adjustment (HECA). Educational Appropriations include ARRA funds.
+
Nation: 36.2%
Ohio: 36.9%
Texas: 31.6%
Nation: 16.9%
Ohio: 21.6%
Texas: 15.8%
Nation: 45.9%
Ohio: 46.1%
Texas: 32.1%
College, family income and the Pell
+Generation Debt
+Drilling down the controversial
Texan $10,000 degree
February 2011: The Texas governor called for colleges to offer
$10,000 degrees. At the time, a four year degree averaged $27,000.
Quota was that only 10% of public undergrad degrees needed to fit this
Encouraged use of online learning and competency-based programs
March 2012: Texas A&M-San Antonio was first to offer a $9,672
degree through a partnership with Alamo Colleges, a community
college system
12 additional universities in Texas have created low-cost degrees
Concerns include reliance on adjuncts, large class sizes and quality
of online classes affecting overall degree quality
Lindsay, T. K. (2015). Revolution rising? Update on Texas’ affordable baccalaureate degrees.
+Millions proposed to help Ohio
students achieve degrees
The governor’s plan includes:
“…a maximum 2 percent tuition increase in 2016, followed by a tuition
freeze in 2017.”
“A $20 million innovation fund…which is set to be established in fiscal
year 2017, would provide resources for ‘innovative and administrative
redesign proposals that result in long-term, sustainable cost savings to
students.’”
“…$120 million to go toward a student debt reduction fund, which aims
to reduce financial debt burdens on students.”
“…$8 million to go toward scholarship and grant opportunities for
students.”
“…$1 million in each fiscal year will be added to the Ohio College
Opportunity Grant program…helpful for students who want to pursue
school year-round.”
The Lantern, Feb. 25, 2015
+Considerations for universities
Affordable degree options
Financial aid
Prevent an increase in the amount of debt students graduate with
each year
Help low-income and underserved students
Responsible spending
+References