Created on Thursday, 28 March 2013 00:05 Published Date Hits: 683
HELENA – State budget cuts to higher education in Montana are noted in a new report.
The study from the Center on Budget and Policy Priorities outlines the tough time states have had in funding colleges and universities since the recession.
Montana’s spending per student is down about 17 percent since 2008, according to the report. Even though the state’s cuts are less than those in many other states, said report author Phil Oliff, it’s still a big reason why tuition and fees have been outpacing inflation.
“Keep in mind,” he said, “this spike in college costs comes even as the recession and slow recovery have diminished students’ and their families’ financial resources.”
Every state has cut higher-education funding except Wyoming and North Dakota, according to the report. Arizona and New Hampshire leveled the biggest cuts.
“The bottom line,” he said, “is that if states want to attract employers and develop a strong middle class, they will need a highly educated workforce.”
Restoring the money lost to those cuts is likely to take years, Oliff said. The full report is online at cbpp.org.