This week marks the beginning of the semester for most colleges in New York State. As students begin their next collegiate experience, families tackle how to pay for it.
American higher education has seen a dramatic shift in who pays for public college. America was once a society that valued college education and put its collective money where its mouth is by funding the bulk of the cost of that education.
But since the 1980s, there has been a shift in the burden of paying for public college from government to the families of those in college. The clearest evidence of that shift has been the drastic slashing in state dollars going to public colleges and the dramatic increase in tuition. In New York State, for example, the average tuition and fees charged at SUNY was about $1,673 in 1987, today that cost has jumped 340% (for academic year 2013-14, SUNY average tuition and fees was $7,400).