The dependency of public institutions of higher education on state tax dollars is a major source of financial instability as other state agencies demand more tax dollars for other purposes. This paper presents a new formula for higher education funding and discusses the rationale and implications of implementing the new solution, which will allow…

This paper offers a conceptual and technical framework for examining alternative approaches for funding special education. The paper discusses fundamental policy questions that guide the selection of an appropriate funding approach, presents criteria for evaluating funding formulas, and analyzes alternative approaches for their fiscal and…

This article reviews the development of state funding formulas or guidelines for public higher education. Originally viewed as a means to distribute public funds in a rational and equitable manner, they now are complicated methodologies. Funding formulas are all-inclusive or itemized; most states use the itemized approach. There are three…