Proposed Higher Ed Cuts Recap
• Current annual state support of the Nevada System of Higher Education (NSHE) would be reduced $162 million in the 2012-2013 fiscal year, from $558 million in the current fiscal year to $395 million in the 2012-2013 fiscal year – 29 percent. It would be reduced $91 million from $558 million to $467 million in the upcoming 2011-2012 fiscal year – 16.3 percent.
A $162 million reduction in funding is equivalent to:
• Combined annual state support for the University of Nevada, Reno, and the Desert Research Institute, or
• Total funding for the University of Nevada, Las Vegas, or
• Funding for all four community colleges, or
• Layoffs of about 2,000 employees.
• The governor is anticipating that some of the higher education budget cuts would be offset by tuition increases imposed by the Board of Regents. To offset a $162 million reduction in state spending, tuition and fees would need to increase 73 percent – or 83% if 15 percent of the tuition increases were set aside for financial aid, as the governor proposed.
• Governor Sandoval’s proposed higher education budget cuts would be on top of reductions of 36 to 42 percent cuts imposed at universities and community colleges since 2009, resulting in a 9 percent reduction in staff, larger classes, lack of access to classes, and students taking longer to graduate.
Monday, January 31, 2011
Majority Leader Horsford's office has analyzed, and the LV Sun has reported, what the proposed $169 million cut to Higher Education would mean, in practical terms:
Posted by gregory brown at 2:13 PM