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[quote=Anonymous]The hidden subsidy behind those old ‘bootstrap’ students
https://www.al.com/news/2022/08/student-debt-wouldnt-be-necessary-if-we-funded-higher-ed-like-we-used-to.html

[i]Rather, when these lawmakers were in school, state appropriations paid most of the freight for anyone attending a public university.

For folks like Moore, who attended Enterprise State Community College and then Auburn University.

And for Palmer, who graduated from the University of Alabama.

Or for Rogers, who went to Jacksonville State in east Alabama.

Back then, you didn’t have to hope for a bailout on the backend. These guys got their subsidized schooling upfront, and they probably never even knew it.

In 1980, student tuition at Alabama public colleges and universities accounted for 27% of all revenue.

That other 73%? Where did most of the money come from to run a state college?

It came from state and federal funding, in addition to foundations and other nonprofit institutions, according to data from the State Higher Education Executive Officers Association.

But mostly it came from the state.

Today, tuition in an Alabama public college or university pays 67% of the costs of higher education. In Alabama’s four-year colleges, it’s 74%.

To review, in 1980, students’ tuition was 27% of higher ed revenue. Today in Alabama, it’s 74.[/i][/quote]

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