(07-12-2019 08:42 AM)Frizzy Owl Wrote:  

(07-11-2019 05:46 PM)RiceLad15 Wrote:  

(07-11-2019 04:11 PM)tanqtonic Wrote:  

(07-11-2019 03:49 PM)Tomball Owl Wrote:  

(07-11-2019 03:41 PM)RiceLad15 Wrote:  The caping tuition at public colleges controls costs...

Your statement clearly says "cap tuition and raise taxes". So you included raise taxes because ….?

UT Austin has only 11% of its revenue derived from state general revenue.

The breakdown is

46% from the research and other grants
22% from tuition and fees
12% from the permanent university endowment fund
11% from state revenue
9% from gifts and endowments

Seems an action from the state to cap tuition or raise taxes seems amazingly heavy handed given then distribution as opposed to '84-ish when the state revenues paid just under half the operating revenue.

It’s certainly not an elegant solution, but if you want to decrease tuition, you need to make up that lack of funding elsewhere. Increasing state funding is the only revenue source that the state can affect directly. You could cut expenses to make up for the decrease in revenue as well, I just don’t know the intricacies of UT’s expenses, so while not elegant, it’s clear and concise.

Woosh!

Once again: the free flow of tuition money drives the cost increases. Compensating with tax revenue doesn't avert a funding crisis, it keeps the gravy train rolling.