State funding for higher education increased 4.9% in 2022 when adjusted for inflation, rising for the 10th straight year, according to an annual report from State Higher Education Executive Officers Association. This also marks the first time since 2008 that per-student funding exceeded levels seen before the Great Recession, which ushered in massive state funding declines. In 2022, funding per full-time equivalent student reached $304, up 3.1% compared to 2008.
