Financial impacts

Is federal stimulus for higher ed a replay of 2009?

Without federal stimulus money, states would have cut tax appropriations for higher education by 2.3 percent. But how states are spending the billions in stimulus varies.

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State higher ed funding increased by 2.9% last year

Despite the years of increases, state and local funding for public higher education has not fully recovered from cuts made during the 2008 recession, an annual State Higher Education Finance report shows. Experts worry what will come in the future after 2020 turned out better than expected.

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Most institutions are resuming or even restoring the retirement benefits cut during COVID-19

For the most part, institutions are resuming the faculty and staff retirement benefits they cut or stopped during the pandemic. Fights over the future of those benefits are being waged on some campuses.

 
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Private colleges cut 53.9% of tuition sticker price for freshmen, on average

The COVID-19 pandemic exacerbated already-existing trends, pushing the average tuition discount rate for first-time undergraduates to 53.9 percent this year. Expect discounting to keep climbing even after the pandemic subsides.

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State funding for two-year colleges declined this year while four-year colleges saw a small dip

Four-year institutions have fared better than two-year colleges when it comes to state support, a split that might be tied to enrollment declines.

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New documents reveal strained relationship between U System of Ga. and dorm operator Corvias during pandemic

As the pandemic sapped dormitory projects of their financial reserves, a contractor told the University System of Georgia it had a "win-win" financial proposal, according to newly available documents. The system said no, and soon, the contractor allegedly said it would not be cleaning enough to meet state public health recommendations.

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Governors propose cuts, increases and other changes for higher ed funding, depending on the state

California, Idaho, Indiana, Iowa and Kentucky are looking at spending more on colleges and universities in the upcoming fiscal year. Georgia, Hawaii, Nevada and North Dakota eye cuts.

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Enrollment declines continue, National Student Clearinghouse finds

Undergraduate enrollment is still down across higher education, according to the latest National Student Clearinghouse report. Black and Hispanic enrollment in community colleges is still down more than white and Asian enrollment.

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College promise programs face cuts, uncertainty and changes

As states begin slashing budgets, some free college programs are feeling the sting.

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Regional public colleges prepare to return to on-campus learning

Many regional public universities plan to open campuses this fall, against a backdrop of financial, political and enrollment pressure -- and a push by many students to return.

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