Most states slashed spending on higher education last year, creating the largest decline in state aid in 50 years; a third of them saw double-digit drops (see: annual ISU Grapevine Study: http://tinyurl.com/7yflxhn). Meanwhile, the percentage of U.S. 18-24 year-olds enrolled in college is at an all time high, with increasing numbers of them choosing state schools or community colleges, a result of the economic downturn and rising education costs. The operating cost/contribution ...

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