These high-growth, high-poverty states with projected budget shortfalls are likely to be the states where the future of higher education opportunity in the country will be determined. Many of these states also need to invest heavily in higher education capacity and in need-based financial assistance. But these are states where revenues are most likely to be adversely affected by an economic downturn or a recession, and higher education budgets will likely be under the greatest pressure.
— National Center for Public Policy and Higher Education, 2002
Welcome to Florida, one of the high-growth, high-poverty states that six years ago the National Center for Public Policy and Higher Education presciently warned would be in a particularly bad fix in the event of an economic downturn.
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