Hochul proposes nearly $7.5B for higher ed in FY24

New York State governor Kathy Hochul has released her budget proposal for the 2024 fiscal year, featuring almost $7.5 billion in higher ed spending—a 13% increase from this year’s spending and a 22% increase from the 2022 budget proposed by her predecessor, Andrew Cuomo.

The funding was hailed by the chancellors of the City University of New York (CUNY) and the State University of New York (SUNY), as well as Dr. Tom Harnisch, vice president of government relations at the State Higher Education Executive Officers Association.

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