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Image: Facing a budget deficit of $5 million, Southern Oregon University is considering a realignment plan that will include deep cuts, which its president says are necessary to right the ship financially. Administrators have said only 23 current faculty and staff members will lose their jobs.
And no wonder—in 1990, state-per-student funding was almost 140% more than that of the federalgovernment. But in the last two decades, the gap between state and federal funding narrowed, with state funding per student only 12% above federal levels in 2015. Across-the-board budget cuts?
Image: The Biden administration is moving forward on a sweeping plan to overhaul how student borrowers can repay their loans, though advocates want the Education Department to go further in its plan, while critics cite the price tag as an area of concern. Over all, the changes are expected to have a net budget impact of $137.9
The federalgovernment’s COVID assistance played a critical role in temporarily sustaining institutions, particularly smaller colleges, which otherwise faced the risk of closure. Several large universities, including West Virginia University and the University of Nebraska Lincoln, faced significant budget cuts.
Department of Education, one of the federalgovernments smallest Cabinet-level agencies, operates programs across every level of education. In fact, less than 8% of public school revenue came from federal agencies, including the Education Department, before COVID-19 reached the U.S. Emphasize that closing the U.S.
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