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Financial Aid in the News

Insult to Injury (Inside Higher Ed)

"Already wounded by budget reductions that came in July and before, college leaders are now scrambling to squeeze even more from coffers, daunted by the real expectation that there are further cuts still to come," Inside Higher Ed reports. "With the academic year in full swing, 26 states have now seen budget shortfalls that total $16 billion, according to the Center on Budget and Policy Priorities. Adding the initial and midyear budget shortfalls together, the collective budget gaps in 48 states total $178 billion or 26 percent of state budgets -- the largest gaps on record, the center reports."

You can read the complete Nov. 2, 2009 Inside Higher Ed article on-line.

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