Classroom” by Jack Sem licensed under CC BY 2.0

Source: Inside Higher Ed

According to a new report from Pew Charitable Trusts, higher education institutions across the U.S. are still feeling the economic impact of the Great Recession of 2008.

The report notes that at least eight states are still collecting less tax revenue than they did before the recession, and at least 23 states are spending less than they did in higher education now than before 2008.

Though the results varied from state to state, the study found that states had less funds to spend on important elements of higher education, which is usually the “third largest piece of state budgets.”

“This was the most widespread example we encountered of a lingering consequence from the Great Recession,” said Project Director of Pew’s Fiscal 50 project on states’ fiscal health, Barb Rosewicz, as reported by Inside Higher Ed.

The result has been that higher education institutions are relying more on funding from tuition dollars, with public universities collecting 43 percent more from tuition, according to the report.

Read Full Story: Inside Higher Ed

 

Contact mOppenheimTV

video-banner-fpo
Thank you for your interest in mOppenheimTV. Do you have a question or comment about our programs or services? Please get in touch with us! We welcome any feedback you may have.

Your Name (required)

Your Organization (required)

Your Email (required)

Your Phone (required)

Subject (required) - check any that apply
INSIGHTNonprofit SpotlightPBS CollaborationExecutive SearchOther

Your Message

Please prove you are human by selecting the Flag.

Higher Ed Still Feeling the Economic Impact of Recession from Decade Ago

Education, News |