November 14, 2008
The past year has been rough for many Florida colleges and universities as the sagging economy put the squeeze on budgets -- and it looks as if the worst is yet to come.
At public universities, more state-mandated cuts are likely before the end of the year. And at private colleges, officials worry students will transfer to less expensive public schools because family finances are being hit by job losses and less access to home-equity and private student loans.
All schools expect financial-aid requests to skyrocket.
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