Higher Education Aid: It Looks Pretty Grim

Higher Education Aid: It Looks Pretty Grim: "State funding for higher education would be slashed 7.9 percent, or $169 million, in the spending plan that Governor Corzine is scheduled to unveil publicly today. The total would drop to $1.98 billion from $2.15 billion in the proposed 2007 budget.

The state's 12 senior public colleges and universities face a funding cut of $143 million or 9.6 percent, according to the plan. Community college funding would be slashed by $15.5 million, or 6.9 percent, and $24 million in state appropriations to private colleges and universities would be halved. There were smaller cuts in some other areas."