Embed Size (px)
Citation preview
Higher Education Finance Projects Higher Education Finance Projects at WICHEat WICHE
David LonganeckerDavid LonganeckerExecutive DirectorExecutive Director
WICHEWICHE
Two major initiativesTwo major initiatives
• Changing Direction: Integrating Higher Education Financial Aid and Financing Policy
• Finding the Will and the Way: Providing Higher Education Within Revenue and Expenditure Constraints
WICHE’s Policy WorkWICHE’s Policy Work
Goal
Better, more informed decision making on issues germane to higher education
Changing DirectionChanging Direction
Focus: Financial aid and financing
Purpose: To examine how to structure financial aid and financing policies and practices to maximize participation, access, and success for students.
Partners: ACE & SHEEO
Funding: The Lumina Foundation for Education
Changing DirectionChanging DirectionFinancial aid and financing policies are usually dealt with as discreet issues rather than reflecting the interrelated nature of financial aid, tuition, and appropriations.
Appropriations
FinancialAid
Tuition
Financial Aid
Appropriations
Tuition
Changing DirectionChanging Direction
Questions: How can policymakers at all levels effectively
integrate tuition, financial aid, and appropriations polices in ways that promote student participation and completion?
What kind of information and research is needed to strengthen policies and ensure their continuing effectiveness?
Changing DirectionChanging Direction
How well do the policies and practices of the student financing system serve the needs of different population groups?
How do students currently pay for college?
How do states establish an appropriate balance between direct support for high quality educational programs and a level of financial assistance that enables students to participate in those programs?
Changing DirectionChanging DirectionPhase 1 – Discovery and Development (November 2001 to May 2003)
• Conduct a state financial aid, tuition, and appropriations policy and data inventory (SHEEO)
• Survey state policymakers• Establish a national advisory board on research issues• Commission research papers• Identify states for case studies – AZ, OR, MO, FL, CT• Conduct workshop with case study states • Cosponsor state roundtables
Phase 2 – May 2003 to December 2004 (projected)
Finding the Will and the WayFinding the Will and the Way
Focus: State tax structures
Purpose: To examine the impact of revenue and expenditure constraints on the future viability of public services—especially higher education—in the West.
Funding: Grants from the Ford Foundation are supporting a short-term planning phase
Finding the Will and the WayFinding the Will and the Way
• Current state tax and revenue structures are ill-suited for the new West’s knowledge-based economy
• Additionally, initiatives and referenda are reducing states’ revenue generating capacity through tax cuts and tax spending limitations
Finding the Will and the WayFinding the Will and the Way
The environment:– Uncertain revenue shortfalls– Additional cutbacks– Revenue and expenditure restrictions
Finding the Will and the WayFinding the Will and the Way
Questions: What do constrained revenues and
expenditures mean for access, delivery, and quality of higher education?
Who should be part of the coalition of state partners to develop a course of action for the state? Is there a legitimate role for Higher Education in this coalition?
Finding the Will and the WayFinding the Will and the Way
What are the regional implications of new limitations on resources? How does one state’s fiscal problems impact neighboring states?
Finding the Will and the WayFinding the Will and the Way
Phase 1
Commission a study of revenue streams and revenue policies in the 15 Western states
Convene a focus group of researchers, policymakers, state higher education executive officers, education leaders
Finding the Will and the WayFinding the Will and the Way
Collect and analyze recent and long-term revenue trends – State by State
Use this baseline information to examine the consequences of these trends
Finding the Will and the WayFinding the Will and the Way
By the end of Phase 1:
• Develop a discussion document
• Initiate dialogues with WICHE Commissioners and other constituents prior to 2003 legislative session
• Identified a few states to engage in more extended, in-depth study of their revenue polices and sources and explore changes, if needed
Finance Policy PartnersFinance Policy Partners
ACEAGBBrookings InstituteCSG-WESTNASBONCSLNelson A Rockefeller Institute of GovernmentNGASHEEO
