The Roman Empire was one of the largest and most powerful regimes in human history, despite its many faults. Most historians will agree that the causes of why that empire fell were a combination of factors including, but not limited to, the invasion by the Barbarians from the north, the loss of traditional values, and military overspending.
Last week I reported in this column on how a fiscal shutdown of the federal government would affect higher education. Now that a two-year budget has passed, allowing the government to run until late March, we have a better idea of what is to be expected for higher education over the next 24 months. Last Monday President Trump sent Congress a $4.4 trillion budget, which included drastic cuts in domestic programs and large increases in military spending. That, combined with the tax cuts recently enacted, has analysts agreeing that this plan will result in a $7.1 trillion deficit over the next decade.