Thursday, October 18, 2018

Nearly all states slashed college funding over last decade - James Paterson, Education Dive

Adjusted for inflation, state funding for higher education has fallen by more than $7 billion since 2008, before the Great Recession caused deep cuts in spending on public two- and four-year colleges, according to a new report from the Center on Budget and Policy Priorities (CBPP).  While state revenues have largely returned to pre-recession levels, higher education funding has been slow to increase. Funding was largely flat from the 2017-18 to 2018-19 academic years, with an average 3.4% increase per student in 18 states and an average 2.6% decline in 31 states. https://www.educationdive.com/news/nearly-all-states-slashed-college-funding-over-last-decade/538941/