February 18, 2009
States’ Stimulus Money Is Expected to Be a Salve, Not a Panacea
The nearly $54-billion that Congress is directing to state aid for education as part of the stimulus bill President Obama signed on Tuesday may stave off the worst budget cuts proposed for public colleges. But the money is unlikely to be able to plug all of the budget holes, and some university officials worry the measure could make it easier for states to spend less on higher education in the future.
And while colleges welcome the extra money from federal coffers, they note