Those who run Florida's university system are out with a rosy report on the state of higher education.
Board of Governors Chairman Tom Kuntz says fewer students are dropping out after their freshman year, graduation rates are increasing and that they're holding the line on tuition.
According to Kuntz, a four-year degree at a state school costs an average of $15,000 dollars.
That's one of the lowest prices in the country.
The Florida Board of Governors on Thursday approved a $5.1 billion budget request for the state university system, including a $100 million increase in state performance funding.
The request for the 2018-19 year includes an additional $179 million in state funding (a 3.6 percent increase).
The 12 universities outlined another $326 million in spending proposals for consideration during the 2018 legislative session, which starts in January.
Kuntz said the system is falling short in its effort to produce 90,000 baccalaureate degrees annually by 2025, but says a majority of degrees are now being awarded in programs of “strategic emphasis,” such as health, science and engineering.