The start of the year marks budget season for many states, and governors nationwide have been putting forth spending proposals.
While not finalized, many of these plans call for significant increases in public higher education funding. That’s in part because federal coronavirus aid routed to local and state governments improved budget outlooks, leaving state coffers flush. State investment in postsecondary education is expected to skyrocket by more than 8% in fiscal 2022 from the previous year, according to the latest Grapevine forecast, which doesn’t even account for federal relief.