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"The idea that tight fiscal policy when the economy is depressed actually reduces private investment isn’t just a hypothetical argument: it’s exactly what happened in two important episodes in history." connect the dots to the higher ed funding stories!
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"At my cc, the operating budget for next year is currently projected to be 10 percent lower than two years ago, even before adjusting for inflation. (If you adjust, the cut is even worse.) 80 percent of the budget is labor. (Another 7 is utilities.)" And I imagine that a good chunk of that labor is heathcare. (See the graph in the previous link. Healthcare cost increases & tuition cost increases track each other more than either tracks to CPI.)
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“When the economy is good, and state universities are somewhat better funded, we raise tuition as little as possible,†he said. “When the economy is bad, we raise tuition and sock it to families, when people can least afford it. That’s exactly the opposite of what we need.†Indeed. I've been eavesdropping on some bits of a twitter-conversation about higher ed in this budget environment. (start with wnalyd, who also blogged about it in re:web.)
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consider this a sort of follow-up to my facebook post. (I like the advice of one of the "editor's choice" comments: just have fun with it, for goodness sake!")
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do want. probably won't get around to it.
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need this.