A Lost Decade in Higher Education Funding State Cuts Have Driven Up Tuition and Reduced Quality
August 22, 2017
August 22, 2017
WASHINGTON, Aug. 22 -- The Center on Budget & Policy Priorities issued the following news release:
A decade since the Great Recession hit, state spending on public colleges and universities remains well below historic levels, despite recent increases. Overall state funding for public two- and four-year colleges in the 2017 school year (that is, the school year ending in 2017) was nearly $9 billion below its 2008 level, after adjusting for inflation. (See Figure 1.) The funding d . . .
A decade since the Great Recession hit, state spending on public colleges and universities remains well below historic levels, despite recent increases. Overall state funding for public two- and four-year colleges in the 2017 school year (that is, the school year ending in 2017) was nearly $9 billion below its 2008 level, after adjusting for inflation. (See Figure 1.) The funding d . . .