This brief provides findings from the full report, "California's Higher Education Funding Landscape," which examines California's higher education funding sources, revenue trends over the past decade, and compares its funding model with other large states to inform future policies. Key findings include: (1) appropriations for higher…

This brief presents the results of a fiscal analysis of the New Hampshire Education Freedom Account Program. The Education Freedom Account Program enables students from low- and middle-income households to access education savings accounts (ESAs) designated for various educational purposes such as private school tuition, tutoring, textbooks,…

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 SHEF report supplies important context and trend analysis to help inform state…

Fully understanding accessibility and affordability among postsecondary opportunities in the US requires addressing prices (i.e., tuition, fees, and other expenses, as well as student aid) and having an accurate picture of institutional finances. Information about how higher education institutions' revenues and expenditures have changed and how…

The bounds testing (augmented autoregressive distributed lag, ARDL) technique to cointegration was used in this study to investigate the effect of household income and expenditure on tertiary school enrolment in Nigeria from 1970 to 2020. The model was employed to estimate the relationship between these three variables while also accounting for…

In the context of threats to their financial sustainability, this paper uses Resource Dependency Theory to explore the challenges being faced by a sample of 10 small new public universities in England. It discusses the responses being taken and prospects for the future in this segment of the sector. It concludes that some of the most important…

The financial and economic environment in which Canadian universities operate has evolved in the last two decades, which include the 2008/2009 recession, the COVID-19 pandemic and the increased reliance on international student tuition fees as a source of revenue. Financial data from the Financial Information of Universities Survey (FINUNI) can…

This study was based on the data of the funding scale, income and expenditure structure and academic output level of the Russell Group universities from 2013 to 2022. By using methods such as the Granger causality test and the two-way fixed effects model, it analyses the relationship between the funding scale, structure and the academic output.…

Community college baccalaureates (CCBs) provide an affordable pathway to baccalaureate-level education but increasing tuition rates present a potential financial barrier for students. Institutional aid as a cost-constraining mechanism has historically been less utilized in the 2-year sector when compared to traditional 4-year institutions. Yet,…

Education savings accounts (ESAs) are education funding mechanisms that allow families to receive a deposit of public funds to a government-authorized savings account for accessing approved educational services. Using student-level longitudinal data, this paper examines how families participating in the Florida Gardiner Scholarship Program use…

Background/purpose: Education has been heralded as a transformative tool essential for both individual and national development. Despite free education's aim to provide equitable access, significant gaps remain, particularly regarding financial stability, academic support, and living conditions. This study reports on the challenges of free…

This report is a comprehensive analysis of college spending trends and the impact spending has on tuition and student success. American Council of Trustees and Alumni (ACTA) analyzed data from more than 1,500 four-year public and private, nonprofit colleges and universities. The data reveal that institutional spending has continued to surge…

While research has documented outcomes for students served by promise programs, few studies have considered the behavior of institutions themselves in the promise era. A new source of revenue combined with larger and more diverse cohorts is likely to motivate changes in spending and staffing--decisions instrumental to student access and success.…

College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources, among other factors. Strategically designed approaches to college affordability can better…

Many public universities have sought to increase the number of students they enroll from other states, with the assumption that a larger share of nonresident students increases institutional revenues and prestige. In this paper, I examine the extent to which out-of-state undergraduate student enrollment shares are associated with changes in…