Tuesday, February 28, 2006

All 50 States Face Fiscal Crises by 2013...

and will not be able to support spending increases, causing state appropriations for higher education to suffer.
This according to a new report by the National Center for Public Policy and Higher Education. Among the factors: Medicaid costs, less federal help, and a loss of state sales tax receipts to Internet commerce.
"For most states, it is difficult to see a future for higher education that recreates the prosperity of the late 1990s," the analysis concludes. "Colleges and universities -- and the students who enroll in them -- are more likely to face continued financial strain."

The late 1990s? When tuition rose by 25% (as opposed to 57% in the early '00s)? That was prosperity? Oh.

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