Public higher education in the United States has seen many changes since the Morrill Act of 1862. Specifically, the funding of higher education has changed greatly over the last half century, from very low tuition and relatively high state subsidies to an increased reliance on tuition to fund higher education. While this funding change has been the national trend, the impact on specific states and universities has varied greatly. This study examines the funding variation between university peers, normalized using state general funds per resident student FTE, to analyze the variation of state funding between states as well as the differences in annual volatility. In addition, this study assesses the use of differential tuition for a case stu...