Governor calls for affordability and accountability in higher education funding

Governor Jeremiah W. (Jay) Nixon has called for a higher education funding formula that allocates future increases to colleges and universities based on quantitative measures of their performance. The Governor’s Summit on Higher Education, held August 25 in Jefferson City, brought together presidents and chancellors from campuses around the state to hear nationally recognized speakers analyze how a performance funding formula could be implemented in Missouri.

Missouri’s commissioner of higher education, David R. Russell, applauded the governor’s proposal today to link funding for the state’s public colleges and universities to performance-based outcomes.

“The time is right to focus our limited resources on key outcomes that support our state’s future needs,” Russell said. “A performance funding formula based on measurable results is equitable for institutions, accountable to the public and in the best interest of future generations of Missourians. Quite a bit of work has already been done to identify what good performance measures should look like, and this work will continue.”

Performance Funding for Missouri -- The Honorable Jeremiah W. (Jay) Nixon, Governor of Missouri

The 2013 Missouri State Budget and Implications for Higher EducationLinda Luebbering, State Budget Director

Outcomes Tied to Dollars: Performance Funding for Higher EducationBrenda Norman Albright, Brenda Albright Consulting

Meeting the Challenge of Future Financing for Public Higher EducationJane Wellman, Executive Director, The Delta Project

Presenters -- Photos and Bios