Wednesday, December 31, 2014

Fund erosion is a threat to college quality - Journal Gazette Editorial

The share of state support in university budgets continues to decline. At IPFW, for example, state support as a share of the university’s operating budget has fallen from 73 percent in 1975-76 to less than 40 percent last year. At Indiana State University, the proportion of the university’s budget supported by the state has declined from 77 percent in 1989-90 to less than 50percent today, according to President Dan Bradley. “Our funding since 2007 has gone down like a rock,” Bradley said in a recent interview. “I think we’re heading for a real major problem if we don’t do something to address this. It’s a chronic issue. Over time, it will be crippling.” Figures from the State Higher Education Executive Officers Association support the ISU president’s claim.

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