Stimulus bill gives colleges $22 7 billion, but advocates say much more is needed washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
Stimulus deal delivers billions in pandemic aid to colleges, but much more is needed, advocates say Danielle Douglas-Gabriel
Replay Video UP NEXT Congress is throwing a lifeline to colleges and universities in the $900 billion stimulus package, but higher education experts say the relief aid is not enough to stave off a fiscal crisis in the sector. With many students either fully remote or sparsely populating campuses, schools are forgoing money from room and board, parking, bookstores and events. Enrollment is down across the country, sinking tuition revenue, and the ongoing public health and economic crises raise fears of continued declines.
States Increase Tabs They Keep on Municipalities’ Fiscal Health Chapter 9 bankruptcies and debt defaults have driven a surge in monitoring and the localities seem to appreciate it. Mike Maciag | November 2016
When New York state released the latest scores for its fiscal stress monitoring system this fall, a few local governments received a bit of unwanted news. Two cities (including Albany), four counties and two small towns were deemed to be under “significant fiscal stress” the system’s most severe designation.
Those localities are hardly the only places to find a spotlight being trained on their fiscal woes. A growing number of states are either establishing new systems or strengthening existing initiatives aimed at monitoring the fiscal health of their localities. In all, a recent Pew Charitable Trusts study found that 22 states regularly review local government finances to detect fiscal distress or assess fiscal c