A new report shows Missouri continues to lead the nation on an important measure of college affordability, Gov. Jay Nixon said.
The College Board’s 2013 Trends in College Pricing report shows that tuition and fees at Missouri’s public four-year institutions increased just 5 percent since 2008, lower than in any other state in the nation.
“College affordability continues to be a top priority of my administration because we want more Missouri families sending their kids to college and more students starting careers without a heavy burden of debt,” Gov. Nixon said. “That is why, while other states have seen double-digit tuition hikes, here in Missouri we’ve minimized tuition increases by negotiating an unprecedented two-year tuition freeze and supporting our scholarship and financial aid programs. This independent report confirms once again that these efforts have helped make our state a national leader when it comes to college affordability. By making sure college is an affordable option for every Missouri family, we will continue to expand opportunities for students and keep our economy moving forward.”
Missouri’s 5 percent increase over the past five years is especially notable in comparison to the increases seen in neighboring states; seven of eight of those states saw increases of 15 percent of more.
Illinois had an 18 percent hike, Kansas 21 percent increase, Arkansas a 15 percent increase and Iowa’s increase was 15 percent. Arizona had the largest increase — 70 percent.