ATLANTA — The University System of Georgia (USG) has reduced the financial burden of attending college significantly in recent years, the system’s chief financial officer said Tuesday.
The state’s share of the cost fell as low as 47% in the aftermath of the Great Recession more than a decade ago, Tracey Cook told members of the university system Board of Regents. Students were forced to pick up the other 53%, Cook said.
The economic recovery since then has allowed the state to increase its share of the cost to 60%, while students now are paying 40% of the tab, she said…