I regularly refer to Missouri State University as the “value option.” When we evaluate Missouri State’s quality, student services and experience, and affordability, the University provides a great value to its students and to the state of Missouri.
Trends in college pricing
Recently there has been significant publicity about college affordability because the College Board released its 2015 Trends in College Pricing. The report shows that tuition and fees at Missouri’s public four-year institutions had the lowest rate of increase of any other state in the nation since 2008.
We have worked diligently at Missouri State to keep college affordable for our students. Since 2008, Missouri State’s undergraduate resident tuition increased by 10.2 percent, while inflation was 11.8 percent.
When factoring in inflation, it is actually less expensive to attend our University than it was eight years ago. In comparison, public universities throughout the United States raised tuition and fees by an average of 38.5 percent, or more than three times the inflation rate.
During the same time period, Missouri State’s operating appropriation has decreased by $3.5 million and the University has increased its enrollment by over 3,000 students.
How MSU compares to similar schools
Missouri State’s tuition remains considerably below its peers. In fiscal year 2015, Missouri State tuition and fees were 23.3 percent below the average annual tuition and fees for public universities throughout the United States.
The University’s status as the value option is the result of the hard work of all of our faculty and staff to sustain Missouri State’s quality while maintaining its affordability.
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