Daily updates of news, research and trends by UPCEA
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Saturday, April 6, 2013
State budget officers seek overhaul of university funding - Lisa Lambert, Reuters
Public colleges and universities face a funding crunch, state budget officers from across the country said on Wednesday, as the fiscal watchdogs called for reforms and even broached the possibility of boosting state spending to limit tuition increases. The National Association of State Budget Officers joined a chorus of voices calling to make college affordable and also suggested increased state spending could keep tuition in check. State budget officers rarely advocate for appropriations or policy. "Resources for the states are getting tighter. We have rising costs, the high tuition, and the debt load that a lot of students have," said NASBO Executive Director Scott Pattison on a call with reporters. "Whether or not one could argue about the system working in the past, the bottom line is we don't think it's sustainable going forward."
http://news.yahoo.com/state-budget-officers-seek-overhaul-university-funding-224325437--business.html