Private postsecondary education leaders are concerned with the value of education and the benefits students receive after graduation. Federal regulations dictate that private postsecondary education institutions will not qualify for Title IV funds if they do not meet minimum student outcome requirements, including cohort default rates and 90/10…

For nearly 35 year's Burton Clark's triangle has been used as a paradigm for describing, assessing, and comparing systems of postsecondary education (Clark, 1998, 2004). Two major developments in the fiscal management of post-secondary education occurred more or less contemporaneously: incentive or performance funding on the part of the state and…

States are increasingly funding higher education institutions based on their performance or outcomes instead of relying solely on student enrollment to determine funding formulas. Performance Funding (also called Performance-Based and Outcomes-Based Funding) policies provide state support to public colleges and universities based on outcome…

The "90-10" Rule is a federal law barring for-profit colleges from receiving more than 90% of their revenues from Department of Education federal student aid. It is modeled on the Department of Veterans Affairs' long-standing "85-15" Rule, which prohibits more than 85% of a program's students from receiving VA funding. It prevents for-profit…

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…

Financial incentives are an important and vastly underutilized means of improving the rate at which two-year college students transfer to four-year institutions. The increased cost of tuition at a four-year institution can be a serious financial obstacle to the transfer student. One way to alleviate this might be to provide more financial aid to…