Performance funding policies for higher education allocate appropriations to public institutions based on student outcomes such as degree completions. This study investigates whether a special science, technology, engineering, and mathematics (STEM) incentive in 13 state performance funding policies leads to greater undergraduate degree…

Schools and universities across the United States have been forced to cope with a grim financial situation that has left them without adequate resources. Administrators are cutting programs, reining in salaries and jettisoning employees to keep operating budgets in line. Education institutions also have had to shutter facilities or postpone,…