AMP News Education

Governor announces $10 million in additional funding for higher education

Today, Governor Asa Hutchinson was joined by the Director of the Arkansas Department of Higher Education, Dr. Maria Markham, and several Arkansas university presidents, to announce his support for the Higher Education Productivity Funding Model. This funding model places the priority on accountability, student success and program completion as opposed to the previous formula, which places priority on student enrollment.

Additionally, the Governor demonstrated his support for the new funding method by announcing an additional $10 million increase to higher education funding conditioned on the reform’s passage. If the new funding model is adopted, Arkansas will become only the fifth state to make significant progress toward funding higher education based on similar productivity models – joining Tennessee, Indiana, Ohio, and Oregon.

“My goal continues to be increasing the percentage of Arkansans that are career-ready and equipped with degrees and industry-recognized certificates,” Governor Hutchinson stated in a recent press release. “This new revolutionary funding model will help us achieve those goals, and I look forward to working with the legislature to make it a reality.”

1 Comment

  • Student success and program completions? Sounds good, but in fact this model can fail as the many students will be focused precisely on the completion of high school at any price, not paying due attention to the learning process. It’s different. I recently read in an Huffingtonpost article that the number of those students who buy off the training is increasing every year. So it is too early for saying a new funding system of Ed more successful than the previous model.

Leave a Comment