States’ aid to public colleges has fallen 28 percent since 2008

State governments, which have been battling slow economic growth, cut aid to public colleges for five years and now spend 28 percent less per student than they did in 2008, according to a study published on Tuesday, Reuters reports. The reductions in every state except Wyoming and North Dakota average $2,353 for the 75 percent of undergraduates who attend public colleges and show few signs of easing soon, according to the study’s lead writer, Phil Oliff of the Center on Budget and Policy Priorities.

“The rate of decline has moderated somewhat, but we don’t see clear signs that states are reinvesting in their higher education systems,” Oliff said in a conference call with reporters. “They are coming out of an enormous hole.”

Revenues for state governments have risen for nearly three years, but are not matching the bounceback after previous recessions, with the rate of increase slowing in the 2012 third quarter, according to the Rockefeller Institute of Government……Read More

Traditional federal college aid needs overhaul, education group says

The rapid growth of the Hispanic population, among minorities needing better access to higher education, leads an advocacy group to suggest that the federal financial-aid structure is outdated and needs an overhaul, the National Journal reports. The existing structure for aid has long suited traditional students: those who are predominantly white and college-ready, able to secure their degree in four years. Today 25 percent of K-12 students are Latino, and babies of color now outnumber their white cohort, meaning it’s high time to redefine “traditional.” Changing structures is the basis of policy suggestions released this week by Excelencia in Education in support of redesigning the federal-aid system. The organization is one of 16 that has released white papers as part of the Reimagining Aid Design and Delivery project, a $3.3 million grant program funded by the Bill and Melinda Gates Foundation…

Click here for the full story

…Read More