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.

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