News & Media

Report details pattern of higher ed divestment by state governments

In the aftermath of the Great Recession, a dramatic drop in state tax revenue led to significant reductions in funding for public higher education institutions, and while there has been some reinvestment by states in the past several years, on the whole states are spending approximately $9 billion less today than in 2008 on higher ed, according to a new report from the Center on Budget and Policy Priorities. Michael Mitchell, a senior policy analyst with the center who helped pen the report, said state reinvestment was tepid but present.