Arizona colleges see some of deepest funding cuts, tuition hikes since recession

Posted at 11:44 AM, Oct 28, 2019
and last updated 2019-10-28 14:44:48-04

PHOENIX — Arizona universities suffered the largest percentage cuts in state aid to higher education since the start of the recession and saw the second-largest growth in student tuition at the same time, a new report shows.

The report, issued Oct. 24 by the Center on Budget and Policy Priorities showed only a handful of states have been able to restore higher education funding to pre-recession levels, in inflation-adjusted dollars.

From 2008 to 2018, the report said, tuition at Arizona’s four-year state universities rose 92.4%, trailing only the 106.9% increase for Louisiana students. But Arizona’s increase translated into an additional $5,384 per student, which was tops in the nation.

At the same time, state aid fell 54.9% in inflation-adjusted dollars, a decrease of $3,669 per student, the fourth-highest decline among states.

For more on this story visit the Phoenix Business Journal.