So far over thirty states have cut their education expenses because they face massive budget deficits in this recession.
Troubled Times for Public Colleges and Universities
Rising unemployment, declining consumer spending with the associated sales taxes, and home foreclosures with their affect on property values have led to declining state revenues. Add to this the fact that the number of people in poverty is growing thereby adding more costs to state budgets for programs such as Medicaid and social services and the pressure on state education budgets appears to have no end in sight.
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