May 20, 2026 – Oregon’s latest revenue forecast (released May 20) shows a $345 million increase, even as economists note that rising oil prices and a slowing economy could affect the outlook for 2026. The forecast highlights uncertainty tied to consumer spending, federal policy changes and inflation, underscoring the importance of a strong and responsive workforce system.
Oregon’s community colleges remain one of Oregon’s most reliable economic assets. Enrollment is increasing, employer demand is rising and colleges are expanding programs in health care, manufacturing, technology, public safety and other high‑need fields.
At the same time, community colleges are managing rising costs for compensation, PERS, health care, technology, deferred maintenance and high‑demand career and technical education programs. Students are also facing higher prices for housing, food, childcare, transportation, and other pressures that affect enrollment and completion at the very moment Oregon needs more skilled workers.
“Oregon’s community colleges are built for economic turning points,” said Dr. Abby Lee, Executive Director of the Oregon Community College Association. “When Oregon needs skilled workers, our colleges deliver. Investing in community colleges is one of the most direct ways the state can strengthen its economy and support working families.”
Continued support for community colleges is especially important as Oregon faces reduced federal support and budget uncertainty. These colleges help people gain skills and move into high‑demand jobs, making strong state investment critical to sustaining economic growth.
The Oregon Community College Association will continue working with state leaders to ensure stable, sustainable funding so community colleges can keep driving economic growth and student success.
To read the state’s Revenue Forecast Executive Summary, click here.