What is happening with respect to funding for higher education? The share of all public universities' revenues derived from state and local taxes declined from 96 percent in 1991 to 79 percent today. O Since the recession ended, thirty-two states have significantly reinvested in higher education. O Per-student funding in California, Idaho, Indiana, West Virginia and Tennessee is down by more than one-third since the start of the recession. O The decline in government spending on higher education results in both high tuition and drastic spending cuts that may diminish the quality of education