SHEEO Releases Annual State Higher Education Finance Report
The State Higher Education Executive Officers Association (SHEEO) recently released its annual State Higher Education Finance (SHEF) Fiscal Year report for 2016.
According to the report, state and local governments provided nearly $90 billion in FY 2016 to support higher education, marking the first decline in overall state and local support in four years. Overall, 33 states increased their support per student, while 17 states, DC, and Puerto Rico reduced support. In addition, the authors note that the overall decrease in spending per student was caused by an 80 percent reduction in support in Illinois.
The report also includes data on state and local funding, tuition revenue, enrollment trends, and degrees for public higher education. The report’s website includes more information for the report including links to an interactive visualization of the SHEF data, links to download the data, and technical papers.
To learn read the full report and view the interactive SHEF data, please see SHEEO’s website.
If you have any questions or comments about this blog post, please contact us.