State and local funding for public universities and colleges fell 7 percent to $81.2 billion in 2012 from a year earlier, driving up a measure of tuition to record levels, according to an annual survey.
States and local governments have been cutting support for higher education since the recession that ended more than three years ago even as enrollment has grown. Colleges have been forced to raise prices, with net tuition revenue per student reaching an all-time high of $5,189 last year, the State Higher Education Executive Officers said in a report released today.
“These one-year decreases in funding and increases in student costs are unprecedented over my forty-year career in higher education,” said Paul Lingenfelter, president of the group, based in Boulder, Colorado.
The one thing Obama has failed to slow down in any way are the processes of neoliberalization, which were initiated in the mid 70s and all come down to transferring socially generated wealth from the public to the private sector. These processes have continued despite the death of neoliberal ideology. When we speak of the end of neoliberalism, we always mean as an ideology—those who work hard succeed; those who fail are just lazy; the system is fair and rewards the most rational, self-interested actors; the rich are job creators; blacks are poor because they have a culture of poverty; whites are rich because they have a Christian work ethic; so on and so on. But the rise in tuition costs is an attack on white middle-class wealth. Neoliberalism spares no group beneath the rich. And what is its ultimate goal as a class project? To detach wealth from democracy.