ERIC Number: EJ847403
Record Type: Journal
Publication Date: 2009-Jun-12
Pages: 1
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0009-5982
EISSN: N/A
Stimulus Money Helps Colleges Avoid Slashing Budgets Now, but Big Cuts May Loom
Kelderman, Eric
Chronicle of Higher Education, v55 n39 pA25 Jun 2009
This year was bleak for state higher-education budgets. But college leaders are even more worried about what comes next. The billions of dollars in federal stimulus aid to plug shortfalls in state education budgets have helped limit the damage this year, but the money hasn't prevented all of the cuts to college budgets. Most states are spending the bulk of the stimulus money they are receiving for education on elementary and secondary schools, and roughly 20 percent on public colleges. In one state, Wisconsin, none of that federal aid is going to higher education. And the situation could get worse. Many states are spending all of their education stimulus money to fill gaps in the current and next budget years, leaving nothing for 2011, when many of their economies are still expected to be suffering from the recession. As lawmakers and campus leaders contend with the budget crises, some higher-education experts believe the severe scope of this recession will force fundamental changes in how public colleges operate as they struggle to maintain both quality and affordability in an environment of increased competition for tax dollars and students. "The different sectors within higher education will be reshaped, and changes in instructional delivery and program offerings will be dramatically altered by fiscal realities, market forces, and technological enhancements," said Daniel J. Hurley, director of state relations and policy analysis at the American Association of State Colleges and Universities.
Descriptors: State Colleges, Policy Analysis, Fiscal Capacity, Financial Support, Retrenchment, Educational Finance, State Federal Aid, Funding Formulas, Financial Problems
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A