Thursday, September 7, 2017

N.M. among states with largest reductions in higher ed spending - Robert Nott, The New Mexican

New Mexico is among the states that have seen the steepest reductions in higher education spending since the national recession, a new report says, investing nearly a third less per student in the last fiscal year than it did in 2008. The report, by the Washington, D.C.-based Center on Budget and Policy Priorities, a nonprofit research institute, shows a nationwide trend of declining public funding for colleges and universities as tuition rates steadily rise, placing a heavier burden on students to help fund school operations. The research center released the analysis last week, just months after many public colleges and universities in New Mexico once again raised tuition rates and trimmed programs and staff in response to a recent series of state spending cuts.

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