The average state is spending $1,598, or 18 percent, less per student than before the recession. States cut funding deeply after the recession hit.Forty-six states - all except Montana, North Dakota, Wisconsin, and Wyoming - are spending less per student in the 2015-16 school year than they did before the recession.Of the states that have finalized their higher education budgets for the current school year, after adjusting for inflation: States that renew their commitment to a high-quality, affordable system of public higher education by increasing the revenue these schools receive will help build a stronger middle class and develop the entrepreneurs and skilled workers that are needed in the new century. For the average student, increases in federal student aid and the availability of tax credits have not kept up, jeopardizing the ability of many to afford the college education that is key to their long-term financial success. In total, after adjusting for inflation, funding for public two- and four-year colleges is nearly $10 billion below what it was just prior to the recession.Īs states have slashed higher education funding, the price of attending public colleges has risen significantly faster than the growth in median income. Though some states have begun to restore some of the deep cuts in financial support for public two- and four-year colleges since the recession hit, their support remains far below previous levels. Years of cuts have made college less affordable and less accessible for students. These choices have made college less affordable and less accessible for students who need degrees to succeed in today’s economy. ![]() Years of cuts in state funding for public colleges and universities have driven up tuition and harmed students’ educational experiences by forcing faculty reductions, fewer course offerings, and campus closings.
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