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May 31, 2013

States Raise College Budgets After Years of Deep Cuts

Amy Schatz:

After cutting spending on public colleges and universities during the economic crisis, many state governments have begun to boost higher-education budgets once again.

Lawmakers in Indiana recently approved a $500 million funding increase over two years for state colleges and universities, a 14.6% increase, following four years of cuts. New Hampshire's governor has proposed increasing the university budget for the coming academic year by $20 million, or 37%. And state lawmakers in Florida recently approved a budget that increases higher-education funding by $314 million, or 8.3%, following seven years of cuts.

Posted by Jim Zellmer at May 31, 2013 1:37 AM
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