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Higher Ed in the News

Governor's fiscal plan tough hit for Colo. universities

January 18, 2009

Higher education must cut $30 million from the budget for the current academic year, with more proposed cuts to be released next Friday, Jan. 23.

The plan Colo. Gov. Ritter unveiled Friday to fill a more than $600 million hole in the current fiscal year's budget cuts into some of his top priorities and at least partially reverses accomplishments he has touted the past two years.

Ritter called for cutting $30 million from the amount appropriated to colleges and universities in the current year, still leaving higher education with a $30 million net increase over the prior year.

Higher education was slashed during the last recession, at the beginning of this decade. Funding still has not climbed back to 2002 levels when amounts are adjusted for inflation, according to the governor's budget office.

Read more from the Rocky Mountain News and the Denver Post.