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Although Texas has made substantial investments in higher education,
students are paying a larger share of the cost
22%
40%
24%
14%
27%13%
25%35%
StateStudentsInstitutionsFederal Gov
FY 2003 FY 2008
22
Public Universities
THECBTHECB
Increased costs are being paid by students instead of general
revenue
NOTE: In Constant Dollars, CPI-U 33
$0
$2,000
$4,000
$6,000
$8,000
$10,000
Flagship Comprehensive Com College
$8,438
$5,966
$1,750
$7,481
$5,867
$2,793
Texas
US
Texas’ 4-year institutions meet or exceed the national average for tuition, while community colleges remain relatively
inexpensive2008-09 Tuition & Required Fees
(Texas vs. National Average)
Source: Washington Higher Education Coordinating Board, 2008 -09 Tuition and Fee Rates: A National Comparison, March 2009.
Median Household Income
TexasNationa
l
$47,548
$50,740
Source: U.S. Census Bureau, 2007
55
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$8,508$8,218
UT Austin US Peer Institutions
Comparison of tuition and required fees – UT Austin and US Peer Institutions
2008-09 Average Tuition & Required Fees
(UT Austin vs. US Peer Institutions)
US Peer Institutions include: Ohio State University, Penn State University, SUNY-Buffalo, UC Berkeley, University of Colorado, University of Florida, University of Michigan, University of North Carolina, University of Virginia, University of Washington, University of Wisconsin.
Comprehensive Institutions
Source: US Peer Institutions: Institutional websites; UT Austin: Tuition and Fees Data, IFRS, Texas Higher Education Coordinating Board
Median Household Income
TexasNationa
l
$47,548
$50,740
Source: U.S. Census Bureau, 2007
66