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Strengthening State Higher Education Funding: Lessons Learned from K-12

Title: Strengthening State Higher Education Funding: Lessons Learned from K-12
Language: English
Authors: Matthew Richmond; Carrie Hahnel; Linea Harding; Nick Lee; Bellwether
Source: Bellwether. 2024.
Availability: Bellwether. 650 Massachusetts Avenue, NW Suite 600, Washington, D.C. 20001. Tel: 877-636-0909; Web site: https://bellwether.org/
Peer Reviewed: N
Page Count: 25
Publication Date: 2024
Sponsoring Agency: Bill and Melinda Gates Foundation
Document Type: Reports - Evaluative
Education Level: Higher Education; Postsecondary Education; Elementary Secondary Education
Descriptors: Educational Finance; Financial Support; Higher Education; Elementary Secondary Education; Educational Equity (Finance); Student Financial Aid; Resource Allocation; State Aid; Government Role; Minority Group Students; Racism; Funding Formulas; Low Income Students; English Language Learners; Students with Disabilities; State Legislation; Costs; Public Colleges; Income; Taxes
Geographic Terms: California; United States
Abstract: Most Americans today need some education beyond high school to secure a well-paying job, and higher education is a key factor in social and economic mobility. But higher education is not accessible to all students. To further equalize opportunity, states must understand options for improving the way they fund higher education. America's public K-12 system has been grappling with similar funding disparities for decades -- challenges that offer important lessons for postsecondary funding. Bellwether's analysis, "Strengthening State Higher Education Funding: Lessons Learned From K-12," identifies insights and lessons from K-12 finance policy that may be instructive as states rework how they fund higher education. This report explores four topics and associated questions that are also relevant across K-12 education: (1) Equity: How can states distribute funding to students and public IHEs with the greatest needs?; (2) Adequacy: How much funding is enough to achieve the desired outcomes?; (3) Cost Sharing: How can local governments and states share the cost of public higher education?; and (4) Stability: How can public IHEs secure consistent and predictable funding?
Abstractor: As Provided
Entry Date: 2024
Accession Number: ED656101
Database: ERIC