Students now pay more of the cost of attending public universities than state governments, according to a recent Government Accountability Office report, and the federal agency says it's making college unaffordable.
Tuition officially surpassed state funding in fiscal year 2012, the GAO found, accounting for 25 percent of public college revenue. Meanwhile all state sources dipped from 32 percent in 2003 to 23 percent in 2012.
"These increases have contributed to the decline in college affordability as students and their families are bearing the cost of college as a larger portion of their total family budgets," the GAO wrote.
The report was submitted on Dec. 16, 2014 to Sen. Tom Harkin (D-Iowa), the outgoing chair of the Senate Education committee, just as most college campuses were emptying out for winter break. The study looked at the revenue sources for state universities from 2003 through 2012.
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