New commission will explore higher-ed finance models

Bipartisan panel will explore finance models that promote innovation, expand capacity to serve all students.

finance-HEDIncreasing pressure on state budgets, along with changing student demographics and new academic models arising from advances in teaching and learning, create both opportunities and challenges for American higher education.

However, without creative new funding policies that expand access to meaningful educational opportunities beyond high school, including increased access made possible by wise use of existing public funds and by partnerships that generate greater private investment, the nation could fall short of the educated population it needs.

To address the need for innovative new ideas, the University of Virginia’s Miller Center has announced the creation of a nonpartisan National Commission on Financing 21st Century Higher Education.

(Next page: 4 potential areas with promise for higher-ed funding)

Laura Ascione