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Trend of Tuition & Fees from year ‘04-’05 to year ‘09-’10. *Source: IPEDS 2004-05 dollar amounts are expressed in 2009 inflation-adjusted numbers. Tuition Increase as a Percentage of Median Household Income (2003 to 2008). 16.4% average increase. *Source: IPEDS and US Census Bureau.
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Trend of Tuition & Fees from year ‘04-’05 to year ‘09-’10 • *Source: IPEDS • 2004-05 dollar amounts are expressed in 2009 inflation-adjusted numbers
Tuition Increase as a Percentage of Median Household Income (2003 to 2008) 16.4% average increase • *Source: IPEDS and US Census Bureau
Distance Education “Could not enormous savings be realized by expanding audiences via electronic means, by using taped lectures on multiple occasions, or by utilizing interactive computerized learning approaches in survey courses? A number of for-profit providers are showing that these techniques do have considerable promise, yet they are still used only sparingly in higher education.” Richard Vedder Center for College Affordability and Productivity
Instructional vs. Administrative Spending • *Source: IPEDS
Instructional vs. Administrative Spending as a Percentage of E & G Expenditures • *Source: IPEDS
Administrative Expenses “The traditional [university] structure … suboptimizes the university’s resources because it breeds wasteful competition, an inefficient use of resources and a rigidity that discourages rapid response to challenges and opportunities.” Elizabeth Capaldi “Intellectual Transformation and Budgetary Savings Through Academic Reorganization” Change, July-August 2009
4-Year Graduation Rates • Baccalaureate Graduation Rates for First-Time, Full-Time Freshmen • *Source: IPEDS
6-Year Graduation Rates • Baccalaureate Graduation Rates for First-Time, Full-Time Freshmen • *Source: IPEDS
1st-Year Retention Rate for First-time, Full-time Freshmen *Source: IPEDS