February 18, 2005
Colleges' Spending on Technology Will Decline Again This Year, Survey Suggests
In the latest confirmation that campus information-technology budgets are tight, a new report estimates that IT spending by American colleges will slump by 4 percent in the current academic year, compared with 2003-4 -- the second consecutive year of declines in spending.
Information-technology spending by all U.S. higher-education institutions is estimated at $5.15-billion this year, down from a total of $5.36-billion last year, according to the report. The projected decline
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