Monday, January 30, 2012

State higher education spending sees big decline - Associated Press

State funding for higher education has declined because of a slow recovery from the recession and the end of federal stimulus money, according to a study released Monday. Overall, spending declined by some $6 billion, or nearly 8 percent, over the past year, according to the annual Grapevine study by the Center for the Study of Education Policy at Illinois State University. The reduction was slightly lower, at 4 percent, when money lost from the end of the American Reinvestment and Recovery Act was not taken into account. The funding reductions, seen across nearly every state, have resulted in larger class sizes and fewer course offerings at many universities and come as enrollment continues to rise.