As if anyone associated with public higher education needed a reminder, 2011 was a lousy year for higher-education finance.
A new report from the State Higher Education Executive Officers confirms just how awful it was: State and local money for higher education fell to a quarter-century low for the second consecutive year, while enrollments continued their climb to record highs.
From the beginning of the recession, in the 2007-8 fiscal year, through the 2011 fiscal year, college enrollment increased nationally by 12.5 percent, to 11.5 million students, the report says. But state and local appropriations have decreased by $1.3-billion over the same period.
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