Archive for the ‘Oklahoma State Regents for Higher Education’ tag

Beyond tuition: Better measures for the cost and value of higher education

Photo by flickr user pamhule used under a Creative Commons license.

[UPDATE: A previous version of the debt-to-degree chart misidentified Northwestern Oklahoma State University as a community college when it is a four-year university. The corrected chart reflects that NWOSU has the lowest debt to degree ratio among Oklahoma's public universities.]

We’ve previously discussed the overwhelming evidence that college is a good investment both for students and the state as a whole. The need for at least some college education to get a good job is greater than ever. That’s reflected in Oklahoma by record-breaking college enrollment.

Lawmakers are also taking a growing interest in Oklahoma’s higher education system, with much of their criticism focused on tuition increases. A bill has already been introduced to return the power to approve tuition increases to the legislature, reversing a 2003 change that gave the State Regents full control.

Rising tuition is a legitimate concern. However, advertised tuition rates are not the best way to evaluate colleges and universities for a number of reasons. Due to scholarships and financial aid, fewer than half of all public university students and fewer than 18 percent of private college students pay the full “sticker price” for their education.

What may be a better metric for how well students are being served by a school are the federal loan default rates. The federal government made or guaranteed more than 80 percent of all outstanding student loans this year. If a large proportion of students are unable to pay back their loans, that is a strong indicator that they are not able to find well-paying jobs after leaving school, with or without a degree. Read the rest of this entry »

Higher Education – A better investment than gold

This post is by OK Policy intern Emily Callen. Emily is a senior at the University of Tulsa, where she is pursuing a major in Biology and a minor in Economics. A longtime wonk-in-training, Emily has for years been boring her college friends by quoting statistics at parties. 

Photo by flickr user pamhule used under a Creative Commons license.

Last month, Governor Fallin released her plan  to increase by two-thirds the number of students graduating from Oklahoma’s public colleges and universities. At the same time, some Oklahoma lawmakers and other critics are questioning the state’s spending on higher education, arguing that colleges and universities should face the same budget cutbacks as other areas of government and the legislature should limit tuition increases.

Tuition and fees in Oklahoma remain comparatively inexpensive, but we have not avoided the nationwide trend of rising costs at both public and private universities. We certainly should take this trend seriously and work to ensure college is affordable and accessible to students from diverse backgrounds.

Yet even though the cost is rising, the value of a college education remains very high. Oklahoma should maintain strong investments in higher education for several reasons: Read the rest of this entry »

Dream Small: Lawmakers may rescind educational opportunities for children of undocumented immigrants

In the spring of 2003, Saul Munoz* was a Tulsa high school senior thinking seriously about his future.  Saul’s parents had moved the family to Oklahoma years earlier, leaving Mexico at a time of increasing violence and instability, and he was not a legal U.S. resident.  A member of the National Honor Society, ranked in the top ten in his class, and enrolling in extra math and science classes to graduate with a Certificate of Distinction, Saul worried constantly about what would happen after graduation.  He couldn’t enroll in college and even if he were allowed to enroll he knew his family would struggle with the tuition payments.  His teachers, unaware of his immigration status, peppered him with questions about his plans and couldn’t understand why a student so smart and so clearly driven was not more proactive about applying for admission and scholarships. In February, a few months before graduation, Saul heard about a bill making its way through the state legislature. Read the rest of this entry »

Stagnant enrollment and other numbers you need

Last week we released the September edition of Numbers You Need, our monthly recap of statistics that shape Oklahoma. In addition to bad news for the short run–a higher unemployment rate, more people on public support programs, and the eighth straight month of declining state revenues–there’s bad news for the long run. Enrollment in Oklahoma colleges and universities has been essentially flat over the last five years. Read the rest of this entry »