In most states, public funding for higher education has not recovered in the wake of the last recession. And odds are that state disinvestment will get worse after the next economic downturn, according to New America. That, in turn, means more picking up slack by the federal government.
The think tank this week proposed a broad set of fixes to what it says is an “irreparably broken” financial and regulatory bargain between the federal government, states and colleges.
