Wednesday, March 15, 2017

Revenue declines in 24 states could lead to massive cuts in higher ed - Jarrett Carter, Education Dive

More than 24 states are projecting a decrease in tax revenues for this fiscal year, a circumstance that will yield substantial cuts for public higher education across the country. Missouri has been among the nation's most aggressive states in higher education divestment over the last two years, cutting more than 8% of total sector spending. Smaller schools like Harris-Stowe State University expect the cuts to force tuition increases and financial hardship for low-income students. The culture of budget trimming is counter to the ongoing construction explosion and competition between institutions for marketing to and enrolling students.

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