Florida
Florida
Students stage a "study in" at the University of Florida to protest tuition hikes.

For two years, federal stimulus helped public colleges buffer the blow of the recession. But now that funding source has dried up, and many state governments are faced with tougher decisions on how they'll pay for public education.

Florida is a perfect example.

The state is cutting its higher education budget by 4% in fiscal 2012, and while that may not sound as extreme as some other states, that is almost entirely due to the loss of federal stimulus funds.

Florida's state universities received $140 million in stimulus funds last year, which won't be renewed.

To make up for some of the budget gap, Florida's state universities are hiking tuition 15% -- the third year in a row.

Annual fees at the University of Florida will rise to $5,700 this year, from about $3800 in the 2008-2009 academic year.




Last updated June 30 2011: 12:43 PM ET
Join the Conversation

Meet six folks overloaded with student loans. More

College is becoming so expensive, it's starting to hold the middle class back More

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.