Boston-Area Colleges Already Struggling With Sequester
"With no deal in sight, the big federal budget cuts — or sequester — will start on Friday. But they’re already hitting colleges and universities in Massachusetts," WBUR reports. "The National Association of Student Financial Aid Administrators estimates the price tag for BU will be about $170,000. ... Some colleges are warning incoming freshmen that their financial aid may shrink. Others are scrounging for funds to cover the gap. ... The sequester threat is also sending a message to colleges: that, now or later, federal dollars for higher education are bound to fall. That’s partly why Boston University said Tuesday it is planning to cut its overall budget next year, regardless of what Congress decides this week."
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