Funding failure
The Reno Gazette-Journal published an article detailing a recently released report, by the Institute for Higher Education Policy, which claims that Nevada needs to boost its higher education spending in order to improve its economy. This claim stands squarely in contradiction with Richard Vedder's research, which found a negative correlation between increasing higher-ed funding and economic growth.
NPRI is currently looking into the report, but we were amused to see the report's disclosure that it was partially funded by the Nevada System for Higher Education – which is currently fighting with the Nevada Legislature and Gov. Gibbons over budget cuts. This information was, unfortunately, left out of the Reno Gazette-Journal's article.
