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Education feeling pinch

Source: Posted By: Hilmer J...4032 days ago

It’s called the higher-education “balance wheel.”

In healthy financial times, state officials are said to happily invest in universities, reaping their monetary and social benefits. But as a recession sends state budgets spinning, one of the first areas to see large cuts is higher education.

That’s usually because education funding is one of the largest chunks of a state’s budget. Between 55 and 60 percent of Iowa’s budget is reserved for K-12 schools, the state Board of Regents, and community....

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