Notes
Slide Show
Outline
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A New Look at the Institutional Component of Higher Education Finance
  • Dennis Jones
  • Presented to the
  • WICHE Commission
  • Boise, Idaho—May 17, 2004
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The (Largely) Unanswered Question
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The Answer
  • More
  • As Much as Our Peers
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An NCHEMS Project
  • Funded by The Pew Charitable Trusts
  • Still Very Much a Work-in-Progress
  • An Attempt to Get a Better Handle on “Adequacy”
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Why Is an Answer to the Adequacy Question Important?
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The Flow of Funds
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Basic Premises
  • “Adequacy” Entails Consideration of Both Funding Levels and Performance
  • Primary Units of Analysis Are:
    • All Institutions—the Statewide System
    • Sectors
  • Comparisons Across the 50 States Yield Useful Insights
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Limitations
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Measures of Performance—System
  • Instructional Service Levels—FTE Undergraduates per 100 18-44 with
    High School Diploma
  • Degree Production—Undergraduate Credentials Awarded per 100 FTE Undergraduates
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Measures of Performance—System (cont.)
  • PhD Production—PhDs per 1,000 Degrees Awarded (Baccalaureate and Above)
  • Research—Federal and Industry R&D per Capita
  • Baccalaureate Degrees per 100 High School Graduates Six Years Earlier
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Measures of Performance—System (cont.)
  • Student Pipeline Results—For Every 100
    9th Graders, How Many:
    • Graduate from High School on Time
    • Go Directly to College
    • Graduate Within 150% of Program Time
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Measures of Performance—Research Universities
  • Total Baccalaureate Awards per 100 FTE Undergraduates
  • Six-Year Graduation Rate
  • Doctorates per 1,000 Degrees (Baccalaureate and Above)
  • Research Expenditures per FTE Faculty
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Measures of Performance—Baccalaureate and Masters Institutions
  • Total Baccalaureate Awards per 100 FTE Undergraduates
  • Six-Year Graduation Rate
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Measures of Performance—Community Colleges
  • Total Undergraduate Awards per 100 FTE Undergraduates
  • Three-Year Graduation Rates
  • Associate Degrees Awarded at Two-Year Colleges per 10,000 Adults 25-64 with an Associate Degree
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The Measure of Funding
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Benchmarks
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Performance Relative to Total Funding per FTE—Overall Index Scores for State Higher Education Systems
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Performance Relative to Total Funding per FTE—Overall Index Scores for Public Research Institutions
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Performance Relative to Total Funding per FTE—Overall Index Scores for Public Baccalaureate and Masters Institutions
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Performance Relative to Total Funding per FTE—
Overall Index Scores for Public Two-Year Institutions