Rio Grande Foundation research has previously pointed to higher education as an area of tremendous bloat in terms of employment. According to the findings of this study, higher education in New Mexico is the most bloated of any state in the nation.
Where there is smoke, there is often fire. So, in today’s Albuquerque Journal, our adjunct scholar Kevin Rollins explained that there are wide disparities in terms of higher education costs among both State universities and community colleges. Efforts by legislators and the Higher Ed Department should focus on figuring out why such broad cost differences exist and what can be done to reduce costs. After all, with $80 million in potential annual savings, we could do a great deal to reduce or even eliminate state budget problems.