The article is an analysis which focuses on the years after the Great Recession, to show the interplay between federal and state policies. The first year after American Recovery and Reinvestment Act (ARRA) federal stimulus funds ended, Fiscal Year (FY) 2012, coincided with new federal Pell Grant eligibility restrictions. State appropriations for…

Commonfund's Higher Education Price Index® (HEPI) data show that costs for colleges and universities rose 3.4 percent in FY2024, a decreased rate of inflation compared with 4.0 in FY2023 and 5.2 percent in FY2022. (FY2024 covers the period from July 1, 2023, to June 30, 2024, and coincides with the budget year of most educational institutions.)…

The COVID-19 pandemic and the economic recession have disrupted the health and economic wellbeing of postsecondary students, families, and the nation's colleges and universities. A college degree can lead to good jobs with benefits--now and during the economic recovery--for students with low incomes, particularly students of color, opportunity…

This report examines college and university finances during one of the most turbulent economic periods in decades. The financial ramifications of the 2008 recession were vast, affecting students' ability to pay for college, lawmakers' prioritization of public resources, and the budgetary environment facing higher education leaders. The challenges…

Back in 2006, the stock market was rising, unemployment was still relatively low, and most of the country was not yet worried about a recession. But officials at San Diego Community College District (SDCCD) were closely monitoring the economy, and they saw clouds on the horizon. By the end of the 2006-07 academic year, the district, which serves…

Schools and universities across the United States have been forced to cope with a grim financial situation that has left them without adequate resources. Administrators are cutting programs, reining in salaries and jettisoning employees to keep operating budgets in line. Education institutions also have had to shutter facilities or postpone,…

The past year highlighted and heightened California's key challenges. Millions of Californians lost jobs and income during the COVID-19 crisis; low-income families, communities of color, and women were hit hardest. As schools and universities shifted rapidly to remote learning, educators and parents scrambled to provide all students with…

Enrollments are up across the board--a good sign for any college, particularly one that's only recently opened its doors--but enthusiasm is tempered by the reality of an impending budget crisis. Like most colleges, the situation is compounded by political pressure to increase the nation's graduation rate. Not that graduating students hasn't always…

The focus of the study was to examine the impact of the recession on (1) community college funding, (2) community college student support services, and (3) on student enrollment. This study relied on data from document analysis and interview of community college personnel and students. The current crisis has resulted in a steep budget reduction to…

To explore current and future implications of the economic downturn, "EDUCAUSE Review" assembled a panel of senior IT leaders: (1) Bruce Maas, CIO, University of Wisconsin-Milwaukee; (2) Fredrick Miller, CIO, Furman University; (3) Pattie Orr, Vice President for IT and Dean of University Libraries, Baylor University; (4) Julie Ouska, CIO…

In this article, the author explores how some community colleges have survived, if not thrive, amid the pain of a deep recession. Rather than cut educational options, administrators at Pima Community College in Tucson, Arizona have opted to freeze discretionary spending, sweep unspent budget allocations back into its general budget, improve its…

In 1960, California developed a "master plan" for its already famed public higher education system. It was and continues to be arguably the single most influential effort to plan the future of a system of higher education in the annals of American higher education. Despite popular belief, however, the California Master Plan for Higher…

In the midst of the global recession, how have national governments viewed the role of higher education in their evolving strategies for economic recovery? Demand for higher education generally goes up during economic downturns. Which nations have proactively protected funding for their universities and colleges to help maintain access, to help…

The Legislative Audit Bureau of the State of Wisconsin analyzed financial issues concerning the Milwaukee Area Technical College (MATC). The MATC District is the largest district in Wisconsin's technical college system, with 12,504 FTE students enrolled and 1,944 staff in the 2001-02 academic year. Operating expenses for that year were $152.0…

Results of the annual state survey of faculty salaries in California colleges and universities are presented and analyzed in two parts: the University of California and the California State University and Colleges, and the California Community Colleges. For the four-year institutions, a history of the salary reports is given and certain funding…