Source: New York Times
A 20 percent cut in state funding for Georgia’s public schools has led to a shrinking system of universities.
Within eight years, the number of public universities in Georgia shrunk from 35 campuses to 28 campuses. At least 4 more universities will be “consolidated” into two universities, to make up for reduced funding for education.
In addition, a drop in the number of students attending universities across the nation in response to immigration policies, among other reasons, also raises flags about the future of universities in America.
“To fill seats, colleges are engaged in an arms race of discounts that they increasingly cannot afford — discounts so deep that, while their sticker prices appear to be rising ahead of the inflation rate, the schools are actually seeing their net tuition revenue decline,” reported The New York Times.
Many universities in the country now face uncertain futures if they cannot attain proper funding to both recruit new students, and prevent students from dropping out.
According to the Department of Education, there are at least 500 universities and colleges in the U.S. that are financially troubled.
Read full story at: New York Times