State aid to Indiana University could fall to below 10% over the next decade if current trends continue, president Michael McRobbie said at his annual state of the university address.
IU has seen state funding fall to 18% of revenue last year compared to over 50% two decades ago, McRobbie said. If lawmakers continue to whittle funding away, it will make up less than 10% of the school’s total revenues in 2020.
McRobbbie said falling funding is a big challenge and the state should either increase funding or allow schools more freedom to set their own tuition rates.