March 22nd Presentation

1. LS360 Presents…
INNOVATION IN HIGHER EDUCATION

2. State Appropriation Reduction
• “Change in State Aid Funding,”
• FY 2000-2013
MCC State Aid (Millions)
40
35
30
25
20
15
10
5
0

3. State Appropriations at CPI
MCC Percent of Funding MCC Percent of Funding
FY00 FY12
11.9% Taxes Taxes
7.6%
State Aid
24.4% 26.2% State Aid
26.6%
Tuition 41.1%
37.1% and Fees 25.1%
Tuition and
Other Fees
Other

4. Average Expenses for Higher Education
Ave debt for BA (Four year public) Ave debt for AA (Two year Public)
Ave total cost for BA (Four year Public) Ave total cost for AA (Two year Public)
Ave total cost for AA (Two year Public) 15,635
Ave total cost for BA (Four year Public) 24,488
Ave debt for AA (Two year Public) 10,444
Ave debt for BA (Four year public) 27,200
Source: CollegeBoard

5. State Appropriation Reduction

6. State Appropriations at CPI
FBelow Chart Assumes 3% CPI for FY 2012-13 and 7.8% State Funding Reduction in 2013.
$90
$78
$80 $73 $74 $75 $81
$71 $71
$69
$70 $63 $65 $67
$60 $61 $ (34) M
$60 GAP
$50 $59
$56 $58 $55 $47
$51 $52 $51 $52 $52 $53 $51
$40
$30
$20
$10
$0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
UCM Appropriation CPI Adjusted

7. Appropriations versus Tuition & Fees
62%
$80
$70
65%
49% 51%
$60
38%
$50
Million
Appropriations, $52
Appropriations, $57
$40 35%
Appropriations, $47
$30
Tuition, $54
Tuition, $77
Tuition, $30
$20
$10
$0
2000 2006 2013
Fiscal Year

8. Videos

9. Videos

10. Videos