Here in Texas, after the state deregulated tuition, we have had huge tuition increases, but our tuition is still below that of what they consider "peer institutions".
At UT, the average per semester cost of education, counting tuition and fees, rose 57%, from $2,721 in 2003 to $4,266 in 2008.
Here's the trend since deregulation:
Fall 2004 Fall 2005 Fall 2006 Fall 2007 Fall 2008 Fall 2009
$3,500 $3,643 $4,012 $4,065 $4,254 $4,468
My son's tuition and fees for spring 2010 are $4,950 (business major).
You add in the high cost of living in Austin, and it's costing me $25000 (not counting fraternity dues
) for him to attend yearly, and I still feel I'm getting a bargain. Thank heavens he didn't choose Notre Dame
.
It sounds to me like California is just coming up to standards nationwide. I believe Florida is being faced with the same dilemna, either decrease the standards or increase the tuition.
Florida's charts:
http://www.ir.ufl.edu/factbook/vi-05_hist.pdf
(boy, UF is still a bargain for instate kids!!)
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