All summer, we’re recapping the previous week with some of the biggest numbers, quotes or takeaways in higher ed.
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Last week's big number: $113B
A recap of last week’s major higher ed news shows how much state and local funding went to colleges across the country in 2021.

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LAST WEEK’S BIG NUMBERS
$113 billion+
Support for postsecondary education from state and local governments across the country in 2021, according to the State Higher Education Executive Officers Association. Almost $4 billion was federal coronavirus aid, but funding levels still didn’t rise to heights seen before the Great Recession on a per-student basis.
$73 million
Extra coronavirus aid mistakenly allocated to 24 colleges from April 2020 through August 2021, according to the U.S. Department of Education’s Office of Inspector General. No grant money was ultimately misspent as colleges didn’t draw on the extra funding, returned it or made other adjustments.
LAST WEEK’S BIG QUOTE
“Conducting our summer residencies on another campus offering full amenities allows VCFA to provide the exceptional learning experience our students expect.”
One reason the the Vermont College of Fine Arts gave for its decision to relocate in-person residencies next year from its Montpelier location to the campus of Colorado College.
Recommended Reading
- Buoyed by federal aid, state higher ed funding rose by 4.5% in fiscal 2021 By Jeremy Bauer-Wolf • June 14, 2022
- Education Department accidentally awarded colleges $73M in extra coronavirus aid, watchdog finds By Jeremy Bauer-Wolf • June 15, 2022
- Vermont College of Fine Arts won’t have on-campus programs in Vermont By Natalie Schwartz • Updated June 17, 2022
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Finance