July 15, 2010
Even when the economy begins to recover and employment rises, public colleges shouldn't expect much immediate relief from their states, warns a report this month from Moody's Investors Service.
The forecast could be particularly bad news for universities in states that have both relied heavily on federal stimulus funds and are projected to recover slowly. Federal stimulus funds run out by the 2012 fiscal year.
The Moody's report warns that colleges and universities need to be cautious about assuming that their state will re-establish past support levels in the near future.
Read more from the Chronicle of Higher Education.