March 31, 2006

Local Spending on Higher Education Hits 25-Year Low

By KARIN FISCHER

Despite a 3.5-percent increase in spending on higher education, state and local support per student hit a 25-year low in the 2004-5 fiscal year.

An analysis by State Higher Education Executive Officers, a national association that represents top state higher-education officials, found that growth in inflation and college enrollment had negated the upswing in spending on public universities. With enrollment and inflation factored in, per-student support actually decreased by 1.9

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