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It argues that proportional “across-the-board” cuts would damage economic resiliency, worsen inequality, and undercut progress on racial and income disparities. It presents a framework urging states to prioritize funding that serves Black, Hispanic, Native American, and low-income students, protect need-based aid, support completion-focused programs, invest to drive growth, and evaluate cost structures.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/higher-ed-budgets-for-the-post-covid-era-executive-summary-november-2020/584604/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/higher-ed-budgets-for-the-post-covid-era-executive-summary-november-2020/584604.png","ImageObject",300,407,{"name":92,"@type":93},"Damian","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-31","2026-10-15",true,{"@type":102,"interactionType":103,"userInteractionCount":34},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"Why are across-the-board higher education budget cuts a concern in the post-COVID era?","Question",{"text":112,"@type":113},"Across-the-board cuts would harm economic resiliency and increase inequality by undermining statewide attainment goals and continuing policies that reduce funding for institutions serving Black students.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What framework principles guide how states should allocate higher education funds?",{"text":117,"@type":113},"The framework includes five principles: prioritize funding for institutions serving historically underserved students, protect need-based financial aid, support programs that improve credential completion, expand resources to drive growth, and evaluate system and institutional cost structures.",{"name":119,"@type":110,"acceptedAnswer":120},"What first-order funding priorities are recommended for policymakers?",{"text":121,"@type":113},"Recommendations include rejecting proportional across-the-board cuts, meeting demand for need-based aid with reallocated funds, funding institutions to support low-income students and adult learners efficiently, using “rainy day” resources for the most vulnerable, and facilitating collaboration among institutions to address COVID-19 challenges.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},584604,1792231159,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":34,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":31,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},137451208677,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Higher Ed Budgets for the Post-COVID Era  \nNow’s Our Chance to Do This Right  \nNOVEMBER 2020  \nExecutive Summary  \nThe COVID-19 pandemic has disrupted the global and U.S. economy more profoundly than any other event since World War II. Just as the subprime mortgage crisis ushered in an 18-month economic decline and an ensuing state budget crisis, the current economic slide threatens to leave us in an even larger fiscal hole. The Great Recession also taught the nation several lessons about higher education. Generally, the more education you have, the more likely you are to remain employed during economic hardship. States with higher educational attainment also see greater economic growth. 1,2 Conversely, disproportionate cuts to higher education undermine statewide attainment goals. States will often pursue “across-the-board”cuts to institutions in what may appear to be a “fair” way to distribute losses, but this can cause significant harm.  \nNot only would another round of higher education cuts hamper our economic resiliency, it would also increase inequality. Since COVID-19 hit, millions of Americans have lost their jobs, with low-income, Black, Hispanic, and Native Americans hardest hit. The enormous toll the virus has taken on communities of color—coupled with the protests following the deaths of George Floyd, Ahmaud Arbery, and Breonna Taylor—have forced a new reckoning with our nation’s history of racial injustice. Higher education is beginning to grapple with its own legacy on race, part of which involves less funding for institutions serving Black students.“Across-the-board” cuts would continue that policy.  \nDespite this history, a movement in higher education to improve completion rates and eliminate disparities in student outcomes by race and income has made progress over the past decade.3 Lumina Foundation and the Bill & Melinda Gates Foundation have been fortunate during this time to work with a wide range of stakeholders—including policymakers committed to ambitious attainment goals, institutional leaders reorienting their schools around student needs, and faculty experimenting with advanced teaching methods. Together, we have built a body of evidence about efforts that increase completion and promote equitable student outcomes, including new approaches to developmental education, advising, and course planning for digital learning. Cuts to successful initiatives such as these will only make things worse.  \nRecognizing the urgency of the moment, we have solicited advice from leading experts in higher education policy and finance and developed a framework to help a wide range of state leaders face the crisis. Reductions in state support to postsecondary education may be unavoidable, and they will cause harm. However, by rejecting the customary “across-the-board” approach and prioritizing what works, states can implement longer-term solutions that create equitable, accessible, affordable paths to postsecondary credentials that provide upward economic mobility for the most vulnerable populations.  \nHigher Ed Budgets for the Post-COVID Era: Now’s Our Chance to Do This Right 1  \nWhat follows is a detailed framework to help policymakers make strategic budget decisions. This framework includes an assessment of states’ economic and policy contexts and applies the following principles:  \n• Principle 1: Prioritize funding for institutions that can best serve Black, Hispanic, Native American, and low-income students and those institutions that provide timely opportunities for unemployed or underemployed individuals to reskill.  \n• Principle 2: Protect and expand need-based financial aid through increased or reallocated investment.  \n• Principle 3: Support programs and strategies that advance students’ ability to complete credentials.  \n• Principle 4: Expand resources and invest differently to drive economic growth.  \n• Principle 5: Evaluate and improve system and institutional cost structures.  \nEach of the principles is desc","cbCaiooZsnbkXTiC","https://ap.wps.com/l/cbCaiooZsnbkXTiC","pdf",843738,"English","# Executive Summary\n## Core problem: budget pressures and inequality\n## Evidence-based movement in higher education\n## Policy framework and principles\n### First-order funding priorities","[{\"question\":\"Why are across-the-board higher education budget cuts a concern in the post-COVID era?\",\"answer\":\"Across-the-board cuts would harm economic resiliency and increase inequality by undermining statewide attainment goals and continuing policies that reduce funding for institutions serving Black students.\"},{\"question\":\"What framework principles guide how states should allocate higher education funds?\",\"answer\":\"The framework includes five principles: prioritize funding for institutions serving historically underserved students, protect need-based financial aid, support programs that improve credential completion, expand resources to drive growth, and evaluate system and institutional cost structures.\"},{\"question\":\"What first-order funding priorities are recommended for policymakers?\",\"answer\":\"Recommendations include rejecting proportional across-the-board cuts, meeting demand for need-based aid with reallocated funds, funding institutions to support low-income students and adult learners efficiently, using “rainy day” resources for the most vulnerable, and facilitating collaboration among institutions to address COVID-19 challenges.\"}]","Higher Ed Budgets for the Post-COVID Era - Executive Summary - November 2020 | PDF",1792051567,126]