Missouri college tuition holds steady again - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Missouri college tuition holds steady again

MISSOURI (KFVS) -

Missouri continues to lead the nation in a measure of college affordability.

The College Board's 2015 "Trends in College Pricing" report shows that tuition and fees at Missouri's public four-year institutions have had the lowest rate of increase than any other state in the nation since 2008, according to Gov. Jay Nixon's office.

"This report reaffirms Missouri's leadership in keeping a lid on tuition hikes, especially when compared to other states, " Gov. Nixon said.

In September, Governor Nixon was joined by leaders of the state's two and four-year institutions to announce an agreement to freeze tuition for Missouri undergraduates for the 2016-2017 school year.

Nixon's Fiscal Year 2017 budget will include an additional $55.7 million, a six percent increase, in performance funding for higher education, which will bring total state funding for higher ed to a record $985 million next year.

This is the fourth tuition freeze Gov. Nixon has announced since taking office in 2009.

According to the most recent data available from the College Board, tuition and required fees at Missouri's public universities increased by nine percent between 2008-09 and 2015-16, the smallest increase in the nation.

By comparison, the average increase nationally over the same period was 33.5 percent.

Nixon credits a surge in enrollment on many campuses to the tuition freezes.

The percentage of Missourians with a college degree ranks among the top ten in the nation.  

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