March 10, 2006
Spending on Technology Rebounds at Colleges and May Set Record This Year
Colleges' spending on information technology has rebounded from cuts made in recent years and is expected to set a record this academic year, a new study concludes.
A report on the study, by Market Data Retrieval, estimates that colleges will spend $6.94-billion on information technology this year, which is 35 percent more than last year.
"A good recovery story is what we're telling here," says Maureen Hance, an associate product manager at Market Data Retrieval. "It's good
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