Dive Brief:
- The University of Virginia’s Miller Center has formed a new commission to develop policy proposals for new finance models to fund higher education.
- The group will commission outside, nonpartisan research and then offer recommendations to help state and federal governments increase access to affordable, high-quality college, eCampus News reports.
- Final policy proposals will take into account financing models in other countries, implications of tax policies at the state and local level, and the potential for public financing to impact the direction of higher education.
Dive Insight:
The expense of higher education is keeping students out of classrooms at a time when post-secondary degrees are becoming required credentials for more and more high-quality jobs. The Miller Center’s commission will be made up of former governors, state legislators, university presidents, and financial experts expressly tasked with an open-minded search for new opportunities. The higher education community should keep an eye on its results.