State Spending for Higher Education in the Next Decade: The Battle to Sustain Current Support
| Title: | State Spending for Higher Education in the Next Decade: The Battle to Sustain Current Support |
| Author: | Hovey, Harold A. |
| Date: | 1999 |
| Catalog #: | |
| Price: | FREE |
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| Description: |
This fiscal forecast of state and local spending patterns, using the same assumptions that most state legislative bodies employ when developing budgets, finds that even with normal economic growth over the next eight years, the vast majority of states will face significant fiscal deficits. Given past state budget patterns of coping with fiscal deficits and avoiding tax increases, the report concludes that the projected shortfalls will lead to increased scrutiny of higher education in almost all states, and to curtailed spending for public higher education in many states. The bad news is that if economic growth is slower than "normal," if taxes are reduced, or if state spending increases for areas outside of higher education, then the outlook for support of public higher education will be even less favorable. Prepared by State Policy Research, Inc. for The National Center for Public Policy and Higher Education. |