State Spending on Higher Education Shows ‘Sizable’ Increase
The buds of a recovery in state and local support for higher education that appeared in 2013 blossomed even more in the 2014 fiscal year, a new report shows. But the effects of the Great Recession still linger, according to the State Higher Education Executive Officers association.
Even with what the group called a “sizable” 5.7 percent increase in spending over the previous year’s figure, the $86.3-billion in overall state and local funding remains below 2008-11 levels in inflation-adjusted dollars.
Read the full article in The Chronicle of Higher Education.