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Community Colleges Face a Long Road to Recovery
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State funding for two-year colleges declined this year while four-year colleges saw a small dip
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With the help of nearly $2 billion in federal COVID-19 relief funding, state funding allocations for higher education during the 2021 fiscal year remained roughly the same as last fiscal year, according to the latest Grapevine higher education funding report.
Total state support for higher education edged up by 0.3 percent to $96.7 billion in the 2021 fiscal year, which began July 1, 2020, and will end on June 30, 2021. Without federal dollars, direct state funding levels would have declined by 1.3 percent this fiscal year.
“The results suggest that budgets have not been wrecked to the extent we feared they might be by the pandemic,” said Jim Applegate, visiting professor at Illinois State University s Center for the Study of Education Policy and editor of the Grapevine report. “Part of the reason for that is the federal government did step up.”
POLITICO
Biden s Covid relief won t shield many public colleges from pandemic s blow
States dependent on sectors such as tourism and fossil fuel development expect the economic damage to drag out for years.
The University of Alaska system has cut programs and followed through on implementing a 5 percent tuition increase as oil revenue in the state declines. | Mark Thiessen/AP Photo
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Dozens of public universities that never fully recovered from the Great Recession now find themselves at the mercy of budget cuts driven by a pandemic that’s decimated their state’s biggest industries.
Many states managed to avoid a financial cave-in of their fiscal 2021 budgets, owing in large part to money doled out by Congress meant to shore up local economies battered by Covid-19. But those that largely depend on revenue from hard-hit industries like tourism and fossil fuels face big unknowns even with the new influx of federal relief President Joe Biden signed this wee