Monday, February 23, 2015

Closing the Door on Public Colleges? - Matthew Rocco, Fox Business

With states seeking to restore financial order, budget woes at public universities may be reaching a tipping point. Lawmakers in South Carolina are pushing for a temporary shutdown of South Carolina State University, hoping to give the 119-year-old school a clean slate. In Ohio, where schools face the possibility of reduced funding, Gov. John Kasich is asking schools to make cuts. Other states such as Wisconsin also are looking for universities to slim down. Today, students cover a larger portion of their attendance costs than taxpayers. Tuition collected by public colleges topped state funding by 2012, according to a Government Accountability Office report published in December.

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