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Colleges Want No Repeat of the Last Recession's Cuts

May 12, 2020
During the last recession more than a decade ago, states slashed about $33 billion in funding for the nation’s colleges and universities from 2008 to 2012. The cuts were so bad that even though states have been gradually spending more on higher education since then, a recent study found colleges have gotten back only about two-thirds of the state funding per student they lost.

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