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Stimulus Money Helps Colleges Avoid Slashing Budgets Now, but Big Cuts May Loom

This year was bleak for state higher-education budgets. But college leaders are even more worried about what comes next.

The billions of dollars in federal stimulus aid to plug shortfalls in state education budgets have helped limit the damage this year, but the money hasn’t prevented all of the cuts to college budgets. Most states are spending the bulk of the stimulus money they are receiving for education on elementary and secondary schools, and roughly 20 percent on public colleges. In one state, Wisconsin, none of that federal aid is going to higher education.