When the economy stalls, demand for college typically rises as the unemployed decide to go back to school to improve their job prospects… Ironically, funding for education plummeted. States didn’t have money and they cut funds to public colleges just as enrollments surged. “Funding per student was a disaster,” said Sandy Baum, a senior fellow at the Urban Institute. “We’ve seen it recover very slowly but it’s still lower than what it was before the recession.” Budget cuts forced public institutions to raise tuition… We’re already seeing states from Missouri to New Jersey cut funding for public colleges and universities because they don’t have the money. That’s potentially setting the stage for tuition hikes. “Here we go again,” said Baum.

Read full article [here].
by Jill Barshay, The Hechinger Report.

Posted: April 6th, 2020, by: admin. Categories: . Awaiting Comments.