Real Life Example:
A local community college, Polk State College in Florida has 1+ hour waiting lines daily to see one of the few advisers available. Total enrollment is about 10,000 credit students (6,500 full-time) and 8,700 non-credit students, served by a staff of about 100 full-time faculty members. In 2009, they raised tuition costs by 16% after losing nearly a million dollars in state funding. In 2009, only 39% of their funds came from tuition. The state still pays 61%! The student body has grown over 10% for 4 straight years. This institution should be growing and profiting without massive tuition increases.
The following is from The Lakeland Ledger:
“PCC trustees will vote on the $33.2 million budget on Monday. The budget is about $1.3 million more than this year’s $31.9 million. It includes $2 million in federal stimulus money or non-recurring funds that will go toward hiring and maintaining the jobs of adjunct professors, Elliott said.
Money from the state decreased by $127,249 on top of $794,199 cut in January”
A closer look shows that they received 2 million from the Government one time, and will lose nearly a million in state funding per year…so because of this, they have an extra million this year and raised their costs 1.3 million. Meaning the tuition increases weren’t needed until the year following the government money in the first place. Seeing that 90% of the teachers at the school are/were adjunct professors to begin with their salary should be covered by the old budget, plus the extra 4 years of 10% more students attending. If they had 6,500 full time students now, 10% more next year would be 650 new full-time more students. 650 students times $2500 a year tuition is an extra 1.69 million dollars each year, which is over half a million dollars more than the funds they lost from the state.