April 13, 2023
Though legislatures’ budgets are still up in the air, patterns are emerging around college funding. In an interview with Higher ed Dive, Ralph Martire said, the share of revenue at public institutions that comes from state appropriations has fallen about 11 percentage points, from 68% to 57%. The governor “has proposed bumping it up by $100 million, and that’s great,” said Martire. “But that’s not going to come anywhere near making up for its loss of value,” he said.
Source: Higher Ed Dive