How do current state financing policies impact affordability? What kinds of policy changes have the potential to improve both affordability and college completion?
The Southern Regional Education Board Commission on College Affordability in the South focused on aligning state policies toward the goal of affordability for students. The Commission considered ways to improve college affordability by better coordinating the different types of state financing policies – tuition, state appropriations to institutions, and state financial aid to students.
A Critical Factor in Both Access and Completion
Glen D. Johnson, Chancellor of the Oklahoma State Regents for Higher Education, chaired the Commission. Members represented all 16 SREB states and included state legislators, state higher education leaders and presidents of colleges and universities.The Commission met during 2014 and 2015 and publishes a report in 2016.
“For states to reach the goal of 60 percent of adults with some form of degree or certificate, we’ll need to do some things differently,” said SREB President Dave Spence. “We need more students to go to college and more to complete. Affordability is a critical factor in both access and completion.”
“Paying for college is a particular concern for the large number of students we must reach to meet our goals,” said Chancellor Johnson,“This includes students who will be the first in their families to attend college and adult students returning to complete or upgrade their credentials.”