States and territories pump more money into community colleges than in four years

Austin Community College in Texas symbolizes two-year community colleges across the country that have benefited from high state allocations and property tax collection. Credit: Jackie Meder / The Hatching Report

State and county officials felt that undergraduate and graduate students demanded more money than two-year associate degree holders, but they changed their minds during the epidemic.

Public two-year community colleges achieved a new budget milestone in FY 2021 as they raised 6 percent more from state and local government than their regular operating costs of public four-year institutions: $ 9,347 vs. $ 8,859 per student. This is a reversal from 2019 when two-year students received 5 percent less than four-year students.

The numbers were provided by an association of supervisory officers from their state’s public colleges and universities, called the State Higher Education Executive Officers Association (SHEEO), which released a financial report on higher education in June 2022. Financing figures exclude additional state and federal 7 Funding for university research, agricultural projects, medical schools and hospitals to shed light on the funds available for student education. Community colleges do not receive this type of funding.

Related Posts

Leave a Reply

Your email address will not be published.