Weekly Market Update

HIGHER EDUCATION FUNDING HALFWAY BACK TO PRE-RECESSION LEVELS

Thursday, April 11, 2019

State per-student spending on higher education is rebounding, though it is only halfway back to its pre-recession levels, according to a new report by the State Higher Education Executive Officers Association, looking at trends in higher education finance since the 2008 recession. Nine states have returned to pre-recession funding levels, while eleven have seen no post-recession recovery. State appropriations, on average, fell more than $2,000 per student after the recession and remain nearly $1,000 below their pre-recession levels. From 2013 to 2018, total appropriations to US public colleges and universities increased 15.2%; the changes ranged from a 19.8% decrease in Oklahoma to a 47.1% increase in Oregon.

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