The Intermountain – West Virginia University has been facing financial challenges for years. This year it will be dealing with a projected $45 million deficit. According to one in-state think tank, lawmakers dropped the ball by failing to maintain steadier state funding for higher education over the past few years.
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The West Virginia Center for Budget and Policy says if taxpayer funding of higher education had been maintained at the same levels as decades ago, there would be another $37.6 million coming to WVU in the coming fiscal year.
“A big part of the story with WVU’s budget crisis is reduced state investment in higher education,” said WVCBP Executive Director Kelly Allen, according to a report by WV MetroNews.