More Almost Farcical Higher-Ed Funding Schemes from Bobby Jindal

ACADEME BLOG

Bobby Jindal has jumped on the Sam Brownback/Scott Walker bandwagon and has cut taxes every year that he has been office. The problem is that he has not been able to cut spending as fast as he has been cutting taxes. The dramatic drop in oil and gas prices has cut deeply into one of the state’s main sources of revenue, exacerbating his administration’s problem with red ink. The state is running a budget deficit somewhere around $1.5 billion, and the estimates are literally climbing on a weekly, if not daily, basis.

As I related in a very recent post [http://academeblog.org/2015/01/17/basic-arithmetic-is-catching-up-with-bobby-jindal/], the portion of the deficit expected to be covered by cuts to colleges and universities was about $350 million, but that estimate has now risen to $400 million. If those cuts occur, the state will almost surely have to close six community and technical colleges and three…

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