Campus News

Public higher education group proposes federal funding program

The American Association of State Colleges and Universities proposed a new matching program to encourage increased state funding of public institutions.

The report proposes a new funding model in which existing federal funding programs, such as the Pell Grant, are turned into a matching grant program, encouraging states to boost their support for higher education.

Describing the current American higher education finance model as “broken,” the AASCU report said a decrease in state investment in public universities and colleges is leading to higher tuition and increased student loan debt.