In their 2011 Student Financial Aid Report, the Arizona Board of Regents (ABOR) highlights the affect of state budget cuts on university students in Arizona. The report tells us:
- The number of students demonstrating financial need for higher education has increased by 88% in the last five years.
- Less than 1% of the roughly one billion in financial aid is provided for by the state general fund with the lion’s share coming directly from the universities in the form of tuition waivers, employment, scholarships and other funds.
- Arizona ranks 49th in the country when measuring the amount of state-funded financial aid provided to students.
- The average debt of a student receiving a bachelor’s degree from an Arizona university has risen to nearly $22,000.
- Total wages earned by college graduates in Arizona over the last 20 years was $11.1 billion dollars which translated into $778 million in taxes paid to the state general fund.
- Has the state determined that the quality of our universities and colleges is of no consequence?
- Has the state officially abandoned its constitutionally mandated duty to provide for the proper maintenance and improvement of public education institutions as called for by Article 11, Section 10 of the Arizona State Constitution? Or to keep public instruction “as nearly free as possible?” (Section 6)
Tags: ABOR, Arizona Board of Regents, Arizona budget, Arizona Budget Cuts, arizona constitution, article 11, Article 11 section 10, Article 11 section 6, budget, Budget Cuts, education spending, financial aid, John Huppenthal, student debt, superintendent of public instruction