Last year was a rough year for students at public universities, as state legislatures throughout the country continued to cut funding to their universities. Nationwide, states underwent one of the largest divestments in higher education in American history, slashing funding by 7.6 percent. And in 2011, for the second consecutive year, state and local funding to public universities reached a quarter-century low despite the fact that enrollment and the cost of educating students reached near-record highs.