State Role in College Affordability
Public Colleges and Universities as Critical Public Investments
- Encourage state lawmakers to view their public colleges and universities as economic assets that provide critical competitive leverage, even in recessionary periods; thus, operating support for public postsecondary institutions and per-student appropriations should be elevated as a state policy priority.
- Support states’ utilization of equitable performance funding incentives that promote institutional efforts to boost degree completion, and which account for the diverse missions within the public higher education sector.
State Financial Aid: Strengthened Investment in Need-Based Aid
- Encourage states to reinvigorate their investment in need-based grant programs that promote increased access for low-income undergraduate students, especially those who are Pell-eligible.
- Encourage states to support programs that facilitate the completion of postsecondary credentials for nontraditional student populations, such as those who are over the age of 25 and those who attend part-time.
Education Tax Credits
- Support the provision of state income tax credits for students’ and parents’ investment in higher education to include tuition, fees and related expenses.
- Support tax credits for employers who provide tuition reimbursement or other incentives to employees to promote postsecondary enrollment.