Iowa Students Feel the Pinch of University Budget Cuts - Kate Foley, Politics Daily

Holiday shopping just got more more difficult for Iowa college students this year. Thanks to state funding cutbacks, many students will be spending a little less on gifts and a little more on tuition. Iowa Gov. Chet Culver approved a $522 million budget cut on Oct. 28, erasing 10 percent of funds from each of Iowa's 28 state departments. Well over half the cuts -- $332 million -- came out of educational funding, which covers everything from grade schools to universities.