How Public Colleges And Universities Spend Their Money

research universitySurprised how huge your college tuition is?  Even before students enroll in their first semester of college they begin their search for scholarships, grants and loans to pay for the huge cost of higher education.

A recent post from the Huffington Post might explain why your tuition is so expensive.  Where does all that college tuition money go?  Here’s a breakdown of  how public colleges and universities spend their money:

26% Instruction
12% Research
11% Hospital services
9% Auxiliary enterprises
8% Institutional support
7% Academic support
6% Other expenses and deductions
5% Public service
4% student services
4% Operation and maintenance of plants
3% Scholarships and fellowships
3% Depreciation
.5% Independent operations

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Original Post Date: February 24th, 2011

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