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ERIC Number: EJ781678
Record Type: Journal
Publication Date: 2008
Pages: 17
Abstractor: Author
Reference Count: 22
ISBN: N/A
ISSN: ISSN-0098-9495
Examining a Higher Education Funding Formula in a Time of Shifting Currents: Kentucky's Benchmark Approach
Wall, Andrew; Frost, Robert; Smith, Ryan; Keeling, Richard
Journal of Education Finance, v33 n3 p221-237 Win 2008
Although datasets such as the Integrated Postsecondary Data System are available as inputs to higher education funding formulas, these datasets can be unreliable, incomplete, or unresponsive to criteria identified by state education officials. State formulas do not always match the state's economic and human capital goals. This article analyzes the Kentucky benchmark approach in light of priorities and goals that state funding for higher education should optimally achieve. The findings indicate that the formula does not directly produce the set of incentives it was designed to achieve, nor, at least in one example, does it assign institutions appropriate peer groups. (Contains 8 tables.)
University of Illinois Press. 1325 South Oak Street, Champaign, IL 61820-6903. Tel: 217-244-0626; Fax: 217-244-8082; e-mail: journals@uillinois.edu; Web site: http://www.press.uillinois.edu/journals/main.html
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Kentucky