Rethinking Conventional Wisdom About Higher Ed Finance

Date of Publication: 
Friday, January 2, 2009

America faces a growing crisis in public postsecondary education, as an unprecedented fiscal meltdown plays out at a time of growing consensus about the urgent need to nearly double levels of degree attainment. Instead of taking steps to develop an investment strategy to reduce access and achievement gaps, we are moving in the opposite direction: reductions in state finances, increases in tuition, cutbacks in enrollments, and reductions in courses and programs students need to succeed.