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The philosophy behind performance funding formulas

In Accountability, Higher Ed Finance by Bob Murphy

This fall in the Michigan Legislature, the House and Senate Appropriations Subcommittees on Higher Education are holding informational hearings while they consider revisions to the state’s funding formula utilized for its 15 public universities. MASU is slated to testify on Dec. 10th, and other interested groups are offering their input on the existing formula. From my vantage point, the most …