Another part of the problem is…you. Why do you keep electing cretins to your legislatures who despise the "intellectual elite", who think being smart is a sin, who are so short-sighted that they care nothing for investing in strengthening the country in ways that take ten or more years to pay off? Stop it! Your representatives should be people who value education enough to commit to at least maintaining the current meager level of funding, but instead we get chains of ignoramuses who want to demolish the universities…and simultaneously want to control them to support their favorite ideological nonsense, via "academic freedom" bills. This is also a long-term goal: we have to work to restore our government to some level of sanity. It's been the domain of fools and thieves for far too long.
The slow demise of our universities
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PZ Myers wrote up a great rant about the state of our universities. Here's an excerpt that I find worth repeating. I may be preaching to the choir, but maybe not.