Later this year, Tim Donovan will
become the new chancellor of the Vermont State Colleges. Donovan says these rough economic
times will prompt parents and students to consider, in his words, "shopping
locally" for higher education.
Robert Clarke is chancellor of the Vermont State
Colleges. He says the state has chronically underfunded the college system. And
with the financial crisis creating an even tighter state budget, the colleges
are left with few options.
a number one ranking, but certainly not one the state of Vermont wants. A recent study by the College Board found that
Vermont tops the nation in costs for higher education. The
state’s average in-state tuition and fees were $11,300 – up
over 8 percent over last year.