Rising cost at Virginia’s universities mostly unrelated to instruction, study says

Matt Zalaznick's picture
Wednesday, June 12, 2013

The price of attending Virginia’s public universities has been driven up 150 percent over the past two decades largely as the result of spending unrelated to instruction, a study mandated by the General Assembly reported today.

The Joint Legislative Audit and Review Commission report found that most spending at four-year institutions is on student housing, intercollegiate athletics and other “auxiliary enterprises.”

The escalating charge for a college degree has outpaced increases in family income and even health care costs, resulting in a tripling of student borrowing during that period, the report said.

Read more »