Tuition Prices Don’t Usually Rise in Election Years
Anyone who’s surprised by this news, please raise your hand.
Ry Rivard of Inside Higher Ed reports.
Tuition Politics
Over much of the past half-century, state governors have helped keep public college tuition artificially low during gubernatorial election years, according to a new peer-reviewed article. But the study suggests more is at play than a governor’s own career.
The study, published in the June issue of Empirical Economics by Kent State University Professor C. Lockwood Reynolds, found inflation-adjusted tuition is 1.5 percent lower in gubernatorial election years than in other years.
“If you’re a sitting governor up for re-election you would prefer that voters are receiving good signals about the state of the state,” Reynolds said. “And one of those might be tuition at a four-year institutions, because it’s announced pretty close to an election, and lots of people want to send their kids to college, and they probably don’t want to pay for it.”
For a natural control group, Reynolds, an economist, looked at private college tuition during the same period, from 1972 to 2003. It didn’t follow the same pattern as in-state tuition sticker prices at all. Instead, he found that private college tuition went up slightly more in gubernatorial election years than in non-election years, although the percentage increase was statistically insignificant.
Lockwood found evidence that governors were trying to help lawmakers in their political party rather than their own careers.
“It’s exactly when you know you’re going to win that governors seem to be doing this, which tends to flip around the traditional story that would be told about these things,” Reynolds said.
Election year politics seem to suppress tuition prices (Inside Higher Ed | News)