State Spending on Higher Education Inches Up, but Fiscal Pitfalls Remain

January 21, 2015
  • Industry News

An annual report on state spending on higher education is mostly good news, at least for the fiscal year just past.

But widen the lens, and the focus muddies: Half of the states are still appropriating less for higher education than they did five years ago.

And the prospects for future spending are clouded by falling oil prices and state lawmakers’ resistance to raising taxes.

Over all, states increased appropriations for higher education by more than 5 percent from the 2014 to the 2015 fiscal years.

Read more at The Chronicle of Higher Education: http://chronicle.com/article/State-Spending-on-Higher/151251