Recovering from the Great Recession in the U.S. and Nevada
Recovering from the Great Recession in the U.S. and Nevada
Recovering from the Great Recession in the U.S. and Nevada
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5/23/2011<br />
Is <strong>Nevada</strong> especially generous to Higher Education?<br />
• The state pays a greater share of higher education than <strong>in</strong> most<br />
states – but state law (NRS 396.540) says it should be free for<br />
most <strong>Nevada</strong>ns.<br />
• The state spends a larger portion of <strong>the</strong> general fund on higher<br />
education than <strong>in</strong> most states – but that general fund is small,<br />
<strong>and</strong> <strong>the</strong>re are few true private universities that compete for<br />
students.<br />
• Just because a poor man spends more of his money on food<br />
does not mean he eats better.<br />
1.0%<br />
Figure 4: <strong>Nevada</strong> System of Higher Education Budget<br />
(as a share of Gross State Product)<br />
University of <strong>Nevada</strong>, Reno Budget<br />
NSHE Budget<br />
Share of Overall State Economy<br />
0.5%<br />
0.0%<br />
1975<br />
1977<br />
1979<br />
1981<br />
1983<br />
1985<br />
1987<br />
1989<br />
1991<br />
1993<br />
1995<br />
1997<br />
1999<br />
2001<br />
2003<br />
2005<br />
2007<br />
2009<br />
40<br />
20
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