After Boom Years, Money Dwindles for Higher Education

Mountain West: After Boom Years, Money Dwindles for Higher Education 1

Brad Horn, Nevada Appeal, Associated Press

Nevada Gov. Jim Gibbons holds up AB552 and SB433 after he vetoed the bills on the Capitol steps in Carson City, Nev., at the Nevada Legislature on Thursday, May 28, 2009.

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close Mountain West: After Boom Years, Money Dwindles for Higher Education 1

Brad Horn, Nevada Appeal, Associated Press

Nevada Gov. Jim Gibbons holds up AB552 and SB433 after he vetoed the bills on the Capitol steps in Carson City, Nev., at the Nevada Legislature on Thursday, May 28, 2009.

The once-thriving economies of many states in the Mountain West have begun to dry up, much like the parched land of the region during one of its recurrent droughts. State-tax revenues have dropped among all eight states, the aftermath of plummeting home values, rising unemployment, and the falling prices of oil and other energy sources, long mainstays of the region's economy.

As a result, public colleges that had seen steady increases in state appropriations in recent years face the

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