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Yesterday the New England Board of Higher Education released its annual report on trends and indicators in higher ed in the region. The report is an interesting look at regional and national trends, especially as a benchmark as we look to how the current economic climate will effect financial aid, enrollment, retention and graduation rates across New England and the country as a whole.

We've pulled out three stats we found interesting, and a full copy of the report is available here.

One figure of interest calls out funding sources for both undergraduate and graduate studies in the last year. Of particular note, graduate students rely far more heavily on federal grant money and 10% more on state funding as well compared to undergrads, while seeing exponentially less funding come from the institution itself.

Many argue that graduate programs will see increased enrollment as people lose jobs and return to school to seek retraining, but as these numbers note, much of that depends on the ability to secure aid, and with federal budgeting for higher education in flux, we are likely to see a strain on the federal loan system in the coming year. Schools will need to determine how this effects enrollment and how to distribute internal funding moving forward.

In addition to wondering about the skewed source of funding at undergraduate vs. graduate levels of funding, we found this example of how much the region's citizens devote toward higher ed funding interesting. As the slide demonstrates, New England has some of the highest tuition rates in the country, and devotes the least in terms of state tax money toward the support of higher ed and financial aid.

The last slide we pulled out is a long-term view of how fields of study have changed over the last 30 years. Of  note: numbers of students in the field of education have plummeted, while arts and music and the humanities have actually been on the rise in recent years.

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Comments

John Harney

John Harney wrote on 05/14/09 11:33 AM

Thanks to interfolio.com for spreading the word on The New England Journal of Higher Education’s (http://www.nebhe.org/nejhe) look at Trends & Indicators in Higher Education for 2009.

NEJHE’s annual data feature offers a sort of shorthand for the expert articles we publish every quarter on higher ed and economic issues.

To your points, NEJHE authors have been arguing for more than two decades that New England’s abundance of private colleges and universities has led to relatively low state appropriations for public higher education in the region. And that stingy state support has fueled some of the nation’s highest public tuitions and fees. The region’s private tuition and fee charges were already among the world’s highest.

Your observation that education majors are declining may be the result of constant trashing of schools and teachers in the media. Not sure, however, how that explains the growing interest in arts and humanities that you note, which are also frequently trashed.

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