Dozens of colleges and universities nationwide started 2020 already under financial stress. to students typically increase, and this has been the case during this most recent recession. On July 15, the board of trustees voted to eliminate 178 positions, including 97 full-time faculty positions. This means that institutions are often called upon to increase capacity and streamline budgets at the same time — a perfect storm that often involves tradeoffs at the campus level.

“These new financial realities will force us to make very difficult budget cuts to some areas of the university,” President Jeffrey Armstrong wrote. WILL ONLINE INSTRUCTION LOWER COSTS OVER THE SHORT RUN? Students need a real investment in higher education, and a possible recession will make that need even more urgent.I am an education policy wonk dedicated to improving education for every student. The reason is a $5.1 million cut in state funding for 2020-21, the result of state revenue shortfalls spurred by the pandemic. Click on the URL at the end of each posting to view the complete news report. Lone Star College has begun budget discussions for its fiscal year 2020-2021 budget, highlighting almost $14 million in general reductions across the system due to additional expenditures and uncertainty caused by coronavirus. With enrollment figures potentially down for the fall semester thanks to COVID-19, Northwestern Michigan College (NMC) is leaning on its flagship programs – and its safety-driven reopening plan – to remain an attractive option to prospective students. This recession is different, but we don’t know the economic impacts of it just yet. For example, in California over the first three years of the 1990s' recession, state support for public higher education was reduced. McLennan Community College trustees this week agreed to pursue a tax rate increase of less than a quarter-cent per $100 valuation to help cover planned salary increases for employees in a budget affected by lower enrollment and COVID-19-related expenses. Many students have been forced out of dorms due to public health concerns. As per fair use guidelines in the copyright act a short excerpt is included in each posting with a citation and a hyperlink to the entire article or site. The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. ]While the board of trustees at Jamestown Community College was able to pass a $31.4 million budget for the 2020-21 fiscal year, the measure was challenging because of a $4 million deficit. “This has historically been what states do when there’s a recession.” During recessions, state budgets generally struggle to maintain investments in higher education and often make cuts, while enrollments tend to increase. Now, with the added pressures of the coronavirus pandemic, the fabric of American higher education has become even more strained: The prospect of lower revenues has already forced some schools to slash budgets and could lead to waves of closings, experts and researchers say.

The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. "Wouldn't it be great if we can reduce them? 1 Because state constitutions generally require states to have balanced budgets each year, legislators have been cutting spending, and as with past recessions, appropriations to higher education have been a target. The cuts are to three NCAA sports (men’s indoor track, men’s tennis and women’s water polo) and four non-NCAA sports (men’s rowing, men’s and women’s squash, and sailing). At least 19 states carried smaller rainy-day funds in 2018 than they did in 2007, when measuring rainy-day funds as a share of general fund operating costs.Signs also indicate two key state funding priorities that compete with higher ed -- Gaps in pension funding increased post-recession. They’d spent the past decade grappling with declining enrollments and weakening support from state governments. The publication found at least 14 deaths related to the virus at colleges and 11 institutions that have seen 100 or more cases. Over all, the picture is one where states had less to spend on priorities like infrastructure, pensions and higher education than they otherwise might have had. In 2010, 29 percent of all students enrolled were in two-year colleges.

I currently work at New America on federal higher education policy as a Senior Advisor for Policy and Strategy, where I strive to create a more equitable and accountable system of higher education. LSC is also factoring in less funding from the state in its proposed budget.

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