Federal Stimulus Funding Has Helped to Prevent State Funding Cuts to Higher Education
Inside Higher Education reports that the three federal stimulus bills passed by Congress since Spring 2020 have helped to stave off state governments funding cuts for higher education. However, it is unclear what will happen to state funding for higher education once the federal dollars are fully spent.
From Inside Higher Education: "So far, the three rounds of stimulus funding have largely made up for cuts to state spending on higher education during the pandemic, mirroring what happened more than a decade ago during the Great Recession. While colleges and universities will receive quite a bit more money this time around, questions remain about will happen when the federal dollars run out."
This Inside Higher Education article is based on a report recently issued by the State Higher Education Executive Officers Association (SHEEO), which analyzed how federal stimulus funding affected state funding for higher education. Read the SHEEO report here.