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Kissler, Gerald R.; Switkes, Ellen – Center for Studies in Higher Education, 2005
California's loss of capital gains and stock options revenue during the recent economic downturn was one of the worst in the nation, and the resulting fiscal crisis led to reductions in State appropriations to the University of 15% over the past four years, while enrollments grew by 19%. This article examines the effects of this reduction in State…
Descriptors: State Universities, Educational Finance, Economic Change, State Aid