Amid COVID-19, nearly every college—whether a community college or a four-year institution—is facing an unusually tight budget this year. As the economy takes a hard hit, key sources of higher education funding, such as donor grants and government aid, are likely to be affected. But for many institutions, the most crucial sources of funding are … Continue reading “Financial Warning Signs at NC Colleges Expose Existing Problems”
The budget released by the North Carolina Senate in early May sets a careful course for higher education. It includes modest increases over last year’s budget for both the University of North Carolina system and the state’s community college system. It also includes several policy changes aimed at making higher education more transparent and efficient. … Continue reading “Senate Budget Is Prudent, Predictable (And That’s a Good Thing)”
The North Carolina General Assembly’s recently released budget for 2016-17 increases University of North Carolina System appropriations by $168 million, $31 million of which will be dedicated to fund projected enrollment increases. At many of the system’s 16 universities, however, increased funding for such a purpose is unnecessary. Furthermore, the new state higher education budget, … Continue reading “NC’s Latest Higher Ed Budget: More Spending, Less Saving”