Tuesday, March 15, 2022

Happy Days Are Here Again for Higher Ed Budgets - Alan Greenblatt, Governing

Flush with cash, states are able to offer colleges and universities more support than they have in decades. But campuses still face challenges from declining enrollments. “The higher education community is over-the-top elated,” says Daniel Hurley, CEO of the Michigan Association of State Universities. “I don’t think we’ll ever see again a higher education budget proposal of this magnitude or significance.” If colleges and universities have reason to celebrate in Lansing, they’re not alone. Across the country, higher education is seeing major proposed increases from states that are flush with cash at the moment. That’s on top of the $76 billion in federal money for campuses and students from the American Rescue Plan Act and other emergency measures enacted over the past two years.

https://www.governing.com/now/happy-days-are-here-again-for-higher-ed-budgets