January 13, 2006
State Spending on Colleges Bounces Back
Growth is fastest in 5 years; institutions begin to recover from past budget woes
State spending for higher education grew at the fastest rate in five years during the current fiscal year, allowing colleges throughout much of the nation to regain their financial balance after a series of tight budgets.
In budgets adopted by states for the 2005-6 fiscal year, total general-fund appropriations for postsecondary education rose by 6 percent, to $66.6-billion, from the previous year,
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First Person
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The Chronicle Review
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Government
