HIGHER EDUCATION BUBBLE UPDATE: Pace of college tuition hikes outpacing incomes. “Georgia’s public colleges and universities say they have raised tuition to make up for the Georgia Legislature holding back on taxpayer funds. But even in years when the legislature has fully funded the University System of Georgia’s requests, the Board of Regents still boosts tuition.”

Related: UNH tuition: It’s about costs, not subsidies. “University of New Hampshire President Mark Huddleston last week blamed UNH’s rising tuition costs on declining state subsidies. That is the party line within the entire University System of New Hampshire. If it were true, then tuition would have been declining in the years before the last budget, the years when state subsidies to the university system were going up. Tuition then did not decline; it rose.”