FOR IMMEDIATE RELEASE: March 11, 2011					            
P.O. Box 1469				
Jefferson City, MO 65102		
Phone 573-751-2361
Fax 573-751-6635

Contact: Kathy Love
Phone: 573-522-1463

Jefferson City --  A new report places Missouri 49th in the nation in 
the change in total higher education spending per student over the past 
five years. The State Higher Education Finance Report, issued by the State 
Higher Education Executive Officers, describes how the recession has 
affected state systems of higher education.

Public colleges and universities across the country are coping with 
higher enrollments and shrinking state support. But 48 other states have 
balanced their higher education budgets by passing costs along to 
students. The average national increase in spending per student was 3.4 
percent over the past five years. In Missouri, spending per student 
decreased by 12 percent.

Missouri's enrollment increase was 17^th highest in the nation from 2005 
to 2010, growing by 17.7 percent. (In the fall 2010 semester, 256,527 
students were enrolled in public colleges and universities in Missouri.) 
Appropriations for higher education per student in Missouri declined 10 
percent over the same time period.

Commissioner of Higher Education David Russell says the report reflects 
economic reality. "The desire to adequately fund higher education 
exists, but the means to do it is lacking," Russell says. "Institutions 
are educating more students with fewer resources and that is likely to 
continue to be the case until new sources of revenue are identified or 
the economy recovers."

The report also tracks the national historical trend to shift more of 
the cost of higher education to students. In 1985, colleges received 
about 23 percent of their revenue from tuition; in 2010, the percentage 
rose to 40 percent. In Missouri, revenue from tuition rose from 32 
percent of institutions' budgets in 2001 to 46 percent in 2009.