Public institutions of higher education (IHEs) have four basic revenue streams: state appropriations, tuition, donations and contracts, and earned income. Over the last 2 decades, there has been a massive decrease in state appropriations for higher education. Declining state appropriations have forced public IHEs to look to alternative revenue…

State support for higher education has been volatile, prompting public universities to pursue alternative revenue sources to supplement state support. While dependence on alternative revenue sources has been raising, the relationship between these revenue sources and graduation rates has not been examined in depth. This study used panel data from…

Performance-based funding (PBF) policies with research incentives have grown in popularity over the years despite little understanding regarding whether they actually work. This study leverages a novel national data set to examine the impact of PBF research incentives on the research expenditures and total state appropriations among public 4-year…

Funding for public higher education has been cut in Kentucky in the decade starting 2008 (Spalding, 2019). Due to several contributing factors, including entitlement programs, healthcare costs, the great recession, and other competing demands at the state level, this is a nationwide trend and is not predicted to reverse any time soon. This funding…

Operating revenue for public higher education is derived from several sources, such as state appropriations, tuition, room and board, and contracts. State funding in particular constitutes a large share of revenue and is consequently critical for improving enrollment, completion, and labor market outcomes. However, states differ in how…

Capital appropriations are an important but often forgotten component of the public contribution to funding higher education. In fiscal year 2021, nearly $13 billion was appropriated for capital projects at public institutions, representing 11.6% of the total state contribution to higher education. When compared to general operating support and…

For nearly three decades, public colleges and universities in the United States have suffered a sharp decline in the level of state funding that they receive (Chronicle, 2014). As a result, in order to remain not even competitive but simply financially stable, institutions of higher education have found it necessary to seek other means and sources…

"Educating the Top 100 Percent" assesses the decline of higher education funding and offers ambitious policy recommendations to restore the possibility of accessible, affordable education for all. Stephen G. Katsinas, Nathaniel J. Bray, and Martha J. Kanter probe the complex interplay of federal, state, and local policies and illustrate…

While there has been disinvestment into higher education, there is also a significant disparity in state investment for certain types of public institutions, specifically for less-resourced institutions such as HBCUs (Williams, 2020). There is not much literature that examines the relationship of formula funding or state appropriations on…

Michigan's public higher education institutions have seen decades of decline in per-student funding, leaving students to face costs that are simply out of reach. The state, for the most part, relies on institutions to provide aid to bring down costs for students at four-year institutions, rather than providing students with aid directly via state…

The State Higher Education Finance (SHEF) report is produced annually by the State Higher Education Executive Officers Association (SHEEO) to broaden understanding of the context and consequences of public policy decisions in each state that contribute to public higher education funding levels and funding distributions across states and…

Since 2003, the State Higher Education Executive Officers Association (SHEEO) has produced the annual State Higher Education Finance (SHEF) report to broaden understanding and enable analysis of state-level and national funding and enrollment trends over time. The final section in each SHEF report has focused on the effort and capacity of states…

The State Higher Education Finance (SHEF) report is produced annually by the State Higher Education Executive Officers Association (SHEEO) to broaden understanding of the context and consequences of public policy decisions in each state that contribute to public higher education funding levels and funding distributions across states and…

Pay-for-performance has become a state finance policy du jour for public postsecondary institutions. A total of 35 states currently distribute varying amounts of appropriations to colleges and universities based on outcome measures. This study uses a difference-in-differences quasi-experimental technique to assess the impact of performance-based…

As noted in the national publication regarding the Value of HBCUs (Cotton, 2018), "Historically black colleges and universities have made a lasting global imprint on virtually every facet of culture and society. HBCU alumni have ascended to leadership positions in government, education, business and industry, science and technology, medicine,…