N.M. among states with largest reductions in higher ed spending
Santa Fe New Mexican--New Mexico is among the states that have seen the steepest reductions in higher education spending since the national recession, a new report says, investing nearly a third less per student in the last fiscal year than it did in 2008. The report, by the Washington, D.C.-based Center on Budget and Policy Priorities, a nonprofit research institute, shows a nationwide trend of declining public funding for colleges and universities as tuition rates steadily rise, placing a heavier burden on students to help fund school operations.