Monday, November 23, 2015

Colorado College Funding Could Take Big Hit In Proposed Budget Cuts - Shaun Boyd, Denver CBS

Gov. John Hickenlooper is proposing cutting $20 million in state funding for higher education to help close a big budget shortfall. The state provides $648 million to the 10 public colleges and universities right now. “With all these tradeoffs, higher education doesn’t have a constitutional protection. It doesn’t have a federal mandate. We’ve seen this before and we’ll probably see it again,” says Henry Sobanet, the governor’s budget director. The Colorado Commission on Higher Education says Colorado ranks 49th in country in higher education funding. It says 15 years ago, the state provided about two thirds the cost of college and students payed a third. Today, it’s reversed.

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