The annual Grapevine study of state spending on higher education finds that money allocated to state schools decreased by 7.6% this year — the largest decline in 50 years. The cuts varied from as little as 1% in Indiana to as much as 41% in New Hampshire because the federal money from the 2009 stimulus legislation is finally running out.
Please share this to raise awareness. And to all you cash-strapped aspiring college students — looks like your best bet might be to set your sights on Harvard!