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BLOOMBERG VIEW

Art direction: Other Means

Numerous articles and commentaries from inside and outside of academia are raising the alarm that American public higher education faces an unprecedented financial crisis.

For years, state legislatures have been disinvesting in public colleges and universities, leaving campus administrators to struggle with how to make do with less. The result: rising debt, deferred maintenance for aging facilities, reductions in programs and course offerings, dismissals, elimination of many student and faculty services, and loss of talented faculty - many of whom haven’t received pay increases in years - to private universities.

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