Investing in Higher Ed is a No-Brainer for Virginia | Editorials

Thirteen years ago, the General Assembly made a promise to the Old Dominion’s schoolchildren and their families: If they chose to continue their education at one of the commonwealth’s public colleges and universities, legislators would put up the dollars to cover two-thirds of the tuition costs.

That promise came after more than two decades of dwindling taxpayer support for Virginia’s public colleges and universities. In the early 1980s, public dollars covered well more than half of the annual budget at the University of Virginia; today, they barely account for 10 percent. The percentage at other schools is higher than the well-endowed UVa, Virginia Tech and the College of William and Mary, but the downward trend is in place across the board.

The Assembly hasn’t been as faithful as it promised when it has come to fully funding those tuition costs.

Today, in 2017, the state isn’t even covering half of the in-state tuition costs legislators promised in 2004. To cover the gap and keep their word to Virginia students, it’s estimated the additional cost would be $600 million per year. And that’s in addition to overall budget mandated by the Assembly. In the 2017 state budget, higher education funding was cut 2.5 percent from the previous fiscal year.

So how are the state’s public universities and colleges to make up the lost tax support? Raise tuition and associated student fees. Boards of visitors from Williamsburg to Fairfax, Richmond to Harrisonburg and Charlottesville to Blacksburg have done just that. For example, the UVa board of visitors has raised tuition every year, both for in-state and out-of-state students. Over the course of five years, the in-state tuition at UVa rose from $12,000 per year to $16,000. Other universities saw the same trend.

Now before anyone accuses us of siding totally with the…

Read the full article from the Source…

Back to Top