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Sunday, February 17, 2019
Colleges vary widely in reliance on state support, report says - James Paterson, Education Dive
Although state aid to higher education increased for most states in fiscal year 2019, public universities vary widely in their dependence on state funding and thus their ability to respond to future cuts, a recent Moody's Investors Service analyst report suggested. Three states — Hawaii, Arkansas and Illinois — rely on state support for more than 40% of their public higher ed funds. Meanwhile, Vermont, New Hampshire and Pennsylvania round out the bottom, with less than 10% of their funds coming from the state. The Moody's report suggests concerns around state funding will remain a "high-profile policy issue" for many states. While an improving economy might make state legislators more generous toward higher ed funding, an economic downturn could weaken support.
https://www.educationdive.com/news/colleges-vary-widely-in-reliance-on-state-support-report-says/548013/