Impact of the Financial Crisis on Higher Education in the United States

Authors

  • Roger Geiger

DOI:

https://doi.org/10.6017/ihe.2010.59.8486

Keywords:

Economics of Higher Education, Financing and Funding, Governance, Public Higher Education, Tuition, Student Fees, and Aid, Community Colleges and Postsecondary non-university education, United States of America

Abstract

In the face of the economic crisis of 2008 2009, colleges and universities had to adjust to revenue shortfalls. The decline in endowments influenced especially the wealthiest institutions, which are often leading institutions. States also reduced their funding for public higher education. Enrollment patterns have opted to public, regional, and 2 year institutions. Long-term consequences are the decline of access among low-income students at selective institutions because of tuition increase while less selective institutions might compromise the quality.

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Published

2010-03-25

How to Cite

Geiger, R. (2010). Impact of the Financial Crisis on Higher Education in the United States. International Higher Education, (59). https://doi.org/10.6017/ihe.2010.59.8486

Issue

No. 59: Spring 2010

Section

Economic Issues

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