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College Affordability: The Implications of State Funding, Costs, and Other Resources

Abstract

This paper examines factors influencing tuition and fees across public four year universities in the United States. It begins with a review of the positions taken in existing literature relevant to this topic. It proceeds with a theoretical explanation of why greater state funding can be expected to lead to lower tuition and fees. It further posits that an institution’s expenses and other revenues can be expected to influence tuition and fees. It then employs several multiple regression models, incorporating different measures of tuition and fees as well as different combinations of control variables, to test for the hypothesized relationships. Ultimately, the analysis provides evidence of a strong negative relationship between state funding and tuition and fees. There is also evidence that as expenses increase, so do tuition and fees; and as other revenues increase, tuition and fees decrease. The paper concludes with the implications of these results for institutions and state policymakers seeking to bolster college affordability.

How to Cite

White, C., (2017) “College Affordability: The Implications of State Funding, Costs, and Other Resources”, Capstone, The UNC Asheville Journal of Undergraduate Scholarship 30(1).

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