- A report by the State Higher Education Executive Officers reveals that per-student spending by public colleges and universities is at a 25-year low of $5,896.
- The Boulder, Colo., agency says that the decline goes hand-in-hand with a 7% decrease in education funding last year, a 9% drop the year before and lower enrollment numbers--largely because of higher tuition and enrollment caps.
- SHEEO executive committee chairman Marshall Hill says that if the U.S. doesn't improve the quality of its postsecondary education, or the number of students enrolling and graduating, it will be hard to catch up with other countries.
From the article:
The amount being spent per student by public colleges and universities has fallen to its lowest level in at least 25 years, a result of state budget cuts a new report warns are rapidly eroding the nation’s educational edge over its international competitors. ...