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Many colleges budget 4 to 6 percent of the endowment's value for current spending.
In other words, some colleges budget based solely on the status of when a child starts, and contrary to popular wisdom, will not adjust their view on need.
In a threat certain to rile the City University's leadership and the State Legislature, he suggested he might withhold the city's portion of the community colleges' budget if they do not shut down their remedial programs and farm them out to private institutions.
He said: "We've all seen the very depressing youth unemployment figures in Scotland, and indeed across the United Kingdom, but still we see a drastic reduction to the colleges budget next year.
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Colleges budgeted to survive, rather than invested to thrive, as the 21st century marched on.
In only 15 colleges did the library receive more than 1% of the overall college budget.
The college budget committee is currently addressing issues related to the new budget model.
Read on for a list of tips to avoid the "living gap" in your college budget.
In one extreme example, Arizona has slashed its college budget by 31 percent since the recession began in 2007.
Andy Newman (NYT) GARDEN CITY: COLLEGE BUDGET CUT Thomas S. Gulotta, the Nassau County executive, has cut a proposed budget for Nassau Community College by $3.9 million, or nearly 3percentt.
The increase, which is in the proposed $128.8 million proposed college budget submitted to Suffolk County earlier this month, would raise tuition nearly 17percentto to $2,800.
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