Editor’s Note: This article was originally published by Reason on February 2, 2024 and is crossposted here with permission. The bursting of the higher education bubble has finally struck its first blow, and it is a serious one. Several major public universities have announced multimillion dollar budget cuts in January, citing enrollment declines among other factors. Pennsylvania State University expects to cut […]
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The state of Alaska has unleashed a grizzly bear of a problem for the lower forty-eight. By slashing public spending on the University of Alaska by 41 percent, the governor and the legislature have defied one of the settled rules of American politics: Thou shalt not threaten public higher education. What if other states follow […]
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