State Universities Brace for Another Brutal Year - Alison Damast, Business Week

In the last six months colleges and universities in states from California to Illinois have already done what they would have deemed unthinkable a few years back—laying off hundreds of employees, raising tuition by double digits, and capping enrollment. And it doesn't look like it is going to get easier anytime soon. Mid-year budget shortfalls have opened in at least 41 states this fiscal year, and early indications are that many states will face deficits in the next fiscal year that are just as big, if not larger, according to a Jan. 28 report from the Center on Budget & Policy Priorities, a nonpartisan think tank in Washington.