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|State Higher Education Funding|
Higher Education Affordability through State Funding
Despite the growing economic need for students to pursue higher education, many states are not maintaining the level of investment required to meet the moment. Only a handful of states have fully recovered to their pre-Great Recession funding levels for higher education. Additionally, NCAN’s affordability research shows a shrinking proportion of public institutions are affordable for a recipient of the average Pell Grant.
States should maintain a predictable, goal-oriented strategy for funding higher education. Tuition-setting typically takes place upon state legislatures completing budget appropriations and depends on what is allocated for higher education. The unpredictability of this process can make it difficult for students to budget for higher education and risks negative impacts on college attendance and affordability.
NCAN recommends that states:
State higher education funding resources: