Episode Details
Back to EpisodesWest Virginia Fully Funds Higher Ed Formula
Description
West Virginia Makes History: Stable Funding for Higher Education Based on Performance
West Virginia has implemented a groundbreaking higher education funding formula, marking a significant shift from previous ad-hoc funding methods. This new approach rewards institutions for achieving key performance indicators, such as increased enrollment, improved graduation rates, and offering degrees in high-demand fields. The formula, which will remain in place for five years, allows universities to invest in infrastructure, maintenance, and affordable student support, fostering steady progress and aligning education with the states future.
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