International Higher Education · 2015 · 36 citations · 0 references
EducationEconomicsHigher EducationEducation FinanceHigher Education FinanceHigher Education PolicyEducation ExpenditureHigher Education FinancingHigher Education ReformPublic Funding Of UniversitiesPublic Higher Education PolicyTuition PolicyExpansion Of AccessHigher Education ExpenditureLow-income StudentsPublic Higher Education SubsidiesPublic Higher Education SystemsSocioeconomic Enrollment PatternsState Higher Education FundingTuition Access Effects
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.