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Kelderman, Eric – Chronicle of Higher Education, 2009
The 50 states, the District of Columbia, and Puerto Rico took advantage of the nation's strong economy during the 2007-8 budget year and spent a total of nearly $10-billion on student aid. That was an increase of 6.6 percent from the year before when adjusted for inflation, according to an annual report released this week by the National…
Descriptors: State Aid, Educational Finance, Student Financial Aid, Funding Formulas
Kelderman, Eric – Chronicle of Higher Education, 2009
This year was bleak for state higher-education budgets. But college leaders are even more worried about what comes next. The billions of dollars in federal stimulus aid to plug shortfalls in state education budgets have helped limit the damage this year, but the money hasn't prevented all of the cuts to college budgets. Most states are spending…
Descriptors: State Colleges, Policy Analysis, Fiscal Capacity, Financial Support
Keller, Josh – Chronicle of Higher Education, 2009
When California approved its budget last month, the community-college system managed to escape the sharp budget cuts that befell most other agencies. But the state's fiscal troubles have nonetheless created a cash crisis for two-year colleges. As part of its plan to close a $41-billion budget deficit, California will delay providing $540-million…
Descriptors: Campuses, Community Colleges, Public Colleges, Governing Boards