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ERIC Number: ED617356
Record Type: Non-Journal
Publication Date: 2022-Jan
Pages: 48
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Tuition and Fees Report, Fiscal Year 2021-22
Colorado Department of Higher Education
The Tuition and Fee Report is produced annually by the Colorado Department of Higher Education to provide detailed information on the tuition and fee rates at Colorado's public institutions, as well as to give context regarding the state funding environment in which tuition and fee rate-setting occurs. Colorado has mirrored national trends over the past fifteen years as the cost of higher education has shifted from the state to the student. In Fiscal Year (FY) 2000-01, the state covered 68 percent of the cost of college, while students and families were responsible for 32 percent. By FY 2011-12, the balance had effectively reversed, leaving students and families responsible for two-thirds of the costs while the state paid a third. This shifting funding structure comes at a time when a postsecondary credential has become an economic necessity. The Colorado Commission on Higher Education's Master Plan, Colorado Rises, establishes as an overarching goal increasing the number of adults who hold a high-quality postsecondary credential to 66 percent by 2025. This attainment goal recognizes research suggesting almost three-fourths of jobs now require some education beyond high school. Colorado has mirrored the nation in moving from a model of funding primarily supported by state appropriations to one that considers all sources of revenue, including resident and nonresident tuition and fees. From FY 2020-21 to FY 2021-22, resident tuition and fees increased an average of 1.6 percent across all of Colorado's public institutions. At four-year institutions, the average increase was 2.4 percent, and at two-year institutions, the average was 0.1 percent. This year, the report highlights limited or flat tuition across many of the state's institutions, demonstrating the commitment of both the state and institutions to contain costs. [For the 2020-21 report, see ED614188.]
Colorado Department of Higher Education. 1560 Broadway Suite 1600, Denver, CO 80202. Tel: 303-866-2723; Fax: 303-866-4266; Web site: http://highered.colorado.gov
Publication Type: Reports - Evaluative; Numerical/Quantitative Data
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Colorado Department of Higher Education
Identifiers - Location: Colorado
Grant or Contract Numbers: N/A