A Typology and Landscape of State Funding Formulas for Public Colleges and Universities from 2004 to 2021.

  • Published In: Review of Higher Education, 2024, v. 47, n. 3. P. 281 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Kelchen, Robert 3 of 3

Abstract

State funding for public higher education institutions is crucial in supporting college access and completion, particularly among students from historically under-represented groups, yet little is known about the mechanisms that states use to allocate funds and how they are affected by financial challenges. This article provides the first detailed longitudinal typology of state funding strategies, focusing particularly on formula volatility and equity. We find a gradual shift toward funding models that include a combination of base-adjusted and enrollment and performance metrics, along with a growing focus on equity. During recessions, states frequently revert to across-the-board funding cuts, further disadvantaging under-resourced institutions. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Review of Higher Education. 2024/04, Vol. 47, Issue 3, p281
  • Document Type:Article
  • Subject Area:Education
  • Publication Date:2024
  • ISSN:0162-5748
  • DOI:10.1353/rhe.2024.a921604
  • Accession Number:175943294
  • Copyright Statement:Copyright of Review of Higher Education is the property of Johns Hopkins University Press and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.