Seven states, South Carolina, Nebraska, Nevada, Tennessee, New Mexico, Wyoming and Nevada were the only ones that had increases in support per FTE during that period.
However, the current net result, nationwide, is that there's more money available. L'Orange attributes it to the fact that the revenue grew more quickly while the number of enrollment did not increase as quickly, he said. The FTE enrollment growth fell by 0.4 percent last year while the appropriations grew by 7.6 percent. The fact that the states are putting the extra funds that are available into education shows its importance, he said.
Both Palmer and SHEEO researchers believe the cause of the increase depends on the state of the economy, the politics, and the competition of scare resources such as healthcare, corrections and K-12 education.
Of course, each state is different from the others, he said.
He added that revenue rate has turned out greater than most people's expectations.
SHEEO produces their report annually to provide lawmakers and educators insight into various aspects of education including which tuition levels are appropriate for higher education and "what financial assistance is necessary to provide meaningful educational opportunities to students from low- to moderate-income families," the report says.
SHEEO also uses some of the "Grapevine's" information to prepare its report.
However, the current net result, nationwide, is that there's more money available. L'Orange attributes it to the fact that the revenue grew more quickly while the number of enrollment did not increase as quickly, he said. The FTE enrollment growth fell by 0.4 percent last year while the appropriations grew by 7.6 percent. The fact that the states are putting the extra funds that are available into education shows its importance, he said.
Both Palmer and SHEEO researchers believe the cause of the increase depends on the state of the economy, the politics, and the competition of scare resources such as healthcare, corrections and K-12 education.
Of course, each state is different from the others, he said.
He added that revenue rate has turned out greater than most people's expectations.
SHEEO produces their report annually to provide lawmakers and educators insight into various aspects of education including which tuition levels are appropriate for higher education and "what financial assistance is necessary to provide meaningful educational opportunities to students from low- to moderate-income families," the report says.
SHEEO also uses some of the "Grapevine's" information to prepare its report.
