Jon Marcus
The Hechinger Report
- Thirty-eight governors raised the topic of higher education spending during their state-of-the-state addresses, an analysis by the National Governors Association found.
- Much of the new money for public colleges and universities is being aimed explicitly at training students for fields in which there are shortages of labor.
- In the current fiscal year, state support for higher education rose by 8.3%, exceeding a collective $100 billion for the first time ever.
“Investing in our conveyor belt for talent.”
That’s how Gov. Gavin Newsom described a proposed spending hike for California’s public colleges and universities.
Those few words also help explain a principal reason many states are boosting their budgets for public higher education more than at any time since 2008 and proposing even higher allocations down the road.
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