Tuesday, April 7, 2015

To balance budgets, governors seek higher education cuts - Elaine S. Povich, Tribune News Service

Republican governors in Arizona, Kansas, Louisiana and Wisconsin and Connecticut’s Democratic governor have proposed higher education cuts for the coming fiscal year. Higher education spending traditionally is a juicy target for budget cutters because schools can make up the lost revenue by raising tuition. But students and their families already are being squeezed by steadily rising college costs. In fiscal year 2013, schools got about 47 percent of their revenue from tuition, up from about 24 percent in fiscal year 1988, according to the State Higher Education Executive Officers Association. Democratic Gov. Dannel Malloy of Connecticut has suggested a tuition hike to compensate for the cuts, but the Republican governors are urging the schools in their states to find the necessary savings by trimming bureaucracy and consolidating campuses. http://www.saukvalley.com/2015/03/29/to-balance-budgets-governors-seek-higher-education-cuts/anaj2qz/