""While we are encouraged that public funding remained strong in 2025 and enrollment has continued to recover from pandemic lows, the first reduction in per-student funding in more than a decade suggests we are moving into a period of increased volatility.""
""Funding public higher education helps states achieve affordability, attainment, and meet workforce goals, so maintaining a stable and predictable funding environment is important for states to receive a strong and continued return on their investment.""
In fiscal year 2025, states and localities allocated $130.7 billion to higher education, the highest since 1980. Despite this record spending, per-student funding decreased by 1 percent, marking the first decline since 2012. Enrollment at public institutions rose by 3.6 percent, but total state spending growth of 2.6 percent could not keep pace. Inflation-adjusted revenue per full-time student also fell for the third consecutive year. Twenty-four states still spend less on higher education than pre-pandemic levels, indicating ongoing challenges in funding stability.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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