State higher-education funding per full-time equivalent student was up for the eighth consecutive year, at 2.9 percent in the 2020 fiscal year, according to a new report. But it still hasn’t recovered from the cuts it endured during the last two recessions.
And although the pandemic’s effect on college finances wasn’t as bad as predicted, public institutions could still experience crippling state and local funding cuts in the years to come, according to the annual state higher-education finance report produced by the State Higher Education Executive Officers Association.
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