Design Sustainable Funding for College Promise

College promise programs are spreading throughout this United States. These programs fund tuition and/or fees for eligible students who are actively progressing toward earning postsecondary certificates and undergraduate degrees. While existing college promise programs have varying designs, each one appears to be seeking continuous and long-term financial sustainability. The existing programs appear to be aimed […]

Sustainable Funding Models: Privately-Funded Models

Postsecondary education has come to assume an increasingly central role in American life. Nearly 66% of high school graduates enroll in college within 12 months of high-school graduation (Snyder, de Brey & Dillow, 2016), while millions of adults attend college classes to complete a certificate or degree program, retool their job skills, prepare for new […]

Sustainable Funding Models: Federal Financial Aid Re-design

Sandy Baum, Urban Institute; William Hansen, USA Funds. This paper examines the possibility of the federal government taking an active role in supporting state and local efforts of this type and considers the relationship between Promise programs and the federal government’s goals for increasing educational opportunity and attainment. Download

Sustainable Funding Models: Outcomes-Based Financing

Gloria Gong, Kennedy School, Harvard University; Karen Gross, Widmeyer Communications; Kevin James, Jain Family Institute; Audrey Peek, American Institutes for Research. This paper, we bring together many perspectives to illustrate the lively debate on outcomes-based financing models. Download

Sustainable Funding Models: State-Funded

By Randy Boyd, Tennessee Department of Economic & Community Development; Teresa Lubbers, Indiana Commission for Higher Education. This paper examines state-funded program design and sustainability as well as provides Tennessee as a case study for consideration. Download

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