Wednesday, November 2, 2011

Cost of medical education

The College Board last week released its 2011 Trends in College Pricing. In the section on institutional finances, the report found, "State appropriations per full-time equivalent (FTE) student declined by 9% in inflation-adjusted dollars between 2007-08 and 2008-09, by 6% in 2009-10, and by 4% in 2010-11. Average tuition and fees at public four-year colleges rose by 9% beyond inflation in 2009-10 and by 7% in 2010-11." The College Board also reported, "The 18% real decline in state appropriations per FTE student from 2007-08 to 2010-11 was the largest three-year decline in the 30 years" of data reporting.

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