Public Higher Education vs Prisons in Ohio 5/13/12
There was an interesting article in The New York Times on Saturday. It Talked a lot about Ohio Northern and student debt. One section caught my eye. "Ohio’s flagship university, Ohio State, now receives 7 percent of its budget from the state, down from 15 percent a decade ago and 25 percent in 1990. The price of tuition and fees since 2002 increased about 60 percent in today’s dollars. The consequence? Three out of five undergraduates at Ohio State take out loans, and the average debt is $24,840. If any state is representative of the role government has played in the growth of student debt, Ohio makes a good candidate. While other states have made steeper cuts in recent years because of the recession, Ohio has been chipping away at it far longer. It now ranks sixth from the bottom in financing per student, at $4,480. In the late 1970s, higher education in Ohio accounted for 17 percent of the state’s expenditures. Now it is 11 percent. By contrast, prisons were 4 percent of the state’s budget in the late 1970s; now they account for 8 percent. " The New York Times 5/12/12 Ohio State gets only 7% of its budget from the state when as late as the 1990 it was getting 25%. Do you wonder that tuition is high? In the late 70's Ohio spent 17% of its budget on higher education, now it spends 11%. During the same period the percentage of the budget spent on prisons went from 4% to 8%. Ohio is sixth from the bottom in state support of higher education. Can't afford to go to college? That's OK, we're happy to pay for a place for you in prison.