ERIC Number: ED436205
Record Type: Non-Journal
Publication Date: 1999-Dec
Reference Count: N/A
Report of the Missouri Commission on the Affordability of Higher Education.
Missouri Coordinating Board for Higher Education, Jefferson City.
The Missouri Coordinating Board for Higher Education established the Commission on the Affordability of Higher Education to respond to concerns and challenges posed by the rising cost of attendance at colleges and universities and private career schools. This commission was charged with reviewing pertinent data and making recommendations to the higher education community regarding financial aid, factors affecting the cost of attendance, accountability, and public policy issues related to higher education affordability. The commission arrived at the following findings: (1) there has been a dramatic shift in responsibility for financing higher education, and this additional burden is increasingly being financed by student loans; (2) institutional aspirations and public expectations have a significant impact on the cost of higher education; (3) Missourians have access to a diverse system of public and independent higher education, with a wide range of tuition and fee levels; (4) state-level policy makers and the public have a limited understanding of institutional pricing policies; and (5) no student pays the full cost of a college education--colleges and universities subsidize the cost of higher education with different sources of revenue and the subsidy varies by institution. The commission's recommendations address issues of cost containment, state budget policy, pricing, financial access, and consumer information. Contains 12 charts. (EMH)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Missouri Coordinating Board for Higher Education, Jefferson City.
Identifiers - Location: Missouri